
Communication services lift Sri Lanka shares

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Sri Lankan shares rose on May 19, supported by gains in communication services stocks. The CSE All Share index increased by 0.11% to 16,397.68, marking its sixth consecutive rise. Wireless telecom services gained 1.32%, while diversified telecom services rose 2.15%. Lake House Printers and Publishers and SMB Finance were the top gainers, up 18.15% and 16.67%, respectively. Trading volume decreased to 91.4 million shares, and turnover fell to 2.61 billion rupees. Foreign investors were net buyers, while domestic investors sold shares worth 2.51 billion rupees.
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