June 9, 2020 / 12:14 PM / 24 days ago

Sri Lankan shares close higher on financials, consumer boost

June 9 (Reuters) - Sri Lankan shares advanced for a second session on Tuesday, with financial and consumer stocks contributing to about half of the day’s gains.

** The benchmark CSE All Share Index closed up 1.48% at 4,913.37.

** Shares of insurer Ceylinco Insurance Plc jumped 15.8%, while those of cigarette maker Ceylon Tobacco Company Plc rose 3.8%. They were the biggest boosts to the index.

** Foreign investors were net sellers, offloading about 623 million Sri Lankan rupees ($3.37 million) worth of shares, according to exchange data.

** Trading volume was recorded at about 70.2 million, compared with 65.8 million in the previous session.

** The Sri Lankan rupee was quoted at 185 against the U.S. dollar as of 1130 GMT, marginally stronger compared with last session’s close of 185.05, according to Refinitiv data.

** Equity market turnover was 1.37 billion Sri Lankan rupees, data showed.

** For a report on global markets, click

** For a report on major currencies, click ($1 = 185.0000 Sri Lankan rupees) (Reporting by Derek Francis; Editing by Krishna Chandra Eluri)

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