Sri Lanka shares end higher as financials, industrials gain
June 6 (Reuters) -Sri Lankan shares closed higher on Thursday, as financial and industrial stocks rose.
* The CSE All-Share index .CSE settled 0.99% higher at 12,310.78.
* Sri Lanka has given Elon Musk's Starlink, the satellite unit of SpaceX, preliminary approval to provide internet services there, the president's office said on Thursday.
* Sri Lanka fast-tracked the approval process after Musk met with President Ranil Wickremesinghe last month in Indonesia on the sidelines of the 10th World Water Forum.
* Ceylon Tobacco Company Plc CTC.CM and LOLC Holdings Plc LOLC.CM were the top gainers on the index, up 1.9% each.
* Trading volume on the index rose to 49.2 million shares from 37.2 million shares in the previous session.
* The equity market's turnover rose to 1.56 billion Sri Lankan rupees ($5.15 million) from 1.25 million rupees in the previous session, according to exchange data.
* Foreign investors were net sellers, offloading stocks worth 96.9 million rupees, while domestic investors were net buyers, purchasing shares worth 1.50 billion rupees, the data showed.
* For a report on global markets, click MKTS/GLOB
($1 = 302.8000 Sri Lankan rupees)
Reporting by Ashna Teresa Britto; Editing by Mrigank Dhaniwala
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