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    LFIN.N0000   LK0301N00008

LB FINANCE PLC

(LFIN.N0000)
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Sri Lankan shares end higher, mark best week in 11

04/09/2021 | 07:47am EDT

April 9 (Reuters) - Sri Lankan shares closed higher on Friday, recording their best week in 11, helped by gains in the consumer and industrial sectors.

* The CSE All-Share Index rose for the sixth straight session as it gained 0.62% to 7,458.27. The index advanced 3.68% for the week as the country's central bank held key rates and promised accommodative policy on Thursday.

* Conglomerate Browns Investments Plc and finance and leasing company L B Finance Plc were the top boosts to the index, gaining 3.4% and 7%, respectively.

* Trading volume rose to 169.2 million from 150.6 million in the previous session.

* Foreign investors were net sellers, offloading 562.7 million rupees ($2.81 million) worth of shares, according to exchange data.

* Equity market turnover was 3.61 billion rupees, exchange data showed.

* The Sri Lankan rupee was quoted at 200.0 against the U.S. dollar, as of 1107 GMT, according to Refinitiv data.

* For a report on global markets, click MKTS/GLOB

* For a report on major currencies, click FRX/

($1 = 200.0000 Sri Lankan rupees)

(Reporting by Soumyajit Saha in Bengaluru; Editing by Amy Caren Daniel and Maju Samuel)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BROWNS INVESTMENTS PLC 0.00% 6.4 End-of-day quote.48.84%
LB FINANCE PLC -1.54% 64.1 End-of-day quote.75.62%
LOLC HOLDINGS PLC 3.24% 469.75 End-of-day quote.247.96%
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Financials
Sales 2021 16 659 M 83,7 M 83,7 M
Net income 2021 6 807 M 34,2 M 34,2 M
Net Debt 2021 13 249 M 66,6 M 66,6 M
P/E ratio 2021 3,86x
Yield 2021 -
Capitalization 35 515 M 178 M 178 M
EV / Sales 2020 2,02x
EV / Sales 2021 2,37x
Nbr of Employees 3 606
Free-Float 11,8%
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Managers and Directors
John Anthony Sunil Sumith Adhihetty Managing Director & Executive Director
Dayan Prasanna Senior Manager-Finance
Anandhiy Krishnajina Gunawardhana Chairman
Chethana Kahandugoda Assistant General Manager-Information Technology
Zairaa Kaleel Compliance Officer
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