Sri Lankan equities closed higher on Tuesday, with the healthcare sector providing the primary impetus for the session's gains.
The Colombo Stock Exchange's All-Share index settled marginally higher at 22,256.49 points, reflecting a shift in investor sentiment toward domestic healthcare providers.
7% in April, according to the National Consumer Price Index.
The rally in healthcare stocks came against a backdrop of mixed macroeconomic signals.
Sri Lanka’s annual inflation rate accelerated to 5.4% in May, up from 4.7% in April, according to the National Consumer Price Index.
This reversal of the cooling trend seen in recent months has raised concerns about persistent price pressures, yet the equity market appeared to focus on sector-specific strength rather than broader macro headwinds.
The healthcare sector's outperformance may be linked to ongoing structural developments in the industry.