Jan 30 (Reuters) - Sri Lankan shares ended lower on
Monday, dragged by losses in industrial and financial stocks.
* The CSE All Share index fell 0.77% to 8,958.79,
marking its worst day since Jan. 24.
* Conglomerate Expolanka Holdings and LOLC
Holdings were the biggest drags to the index, down
3.4% and 2.7%, respectively, according to Refinitiv data.
* Sri Lanka's economy could contract by 3.5% or 4.0% in
2023, after shrinking 11% last year, President Ranil
Wickremesinghe said on Saturday.
* Data on the Colombo Consumer Price Index , due
on Tuesday, will be closely monitored. It acts as a lead
indicator for broader national prices and shows how inflation is
evolving in Colombo, Sri Lanka's biggest city.
* The trading volume of shares for the CSE All Share index
rose to 96.4 million from 58.1 million in the previous session.
* The equity market's turnover fell to 1.66 billion Sri
Lankan rupees ($4.57 million) from 1.94 billion rupees in the
previous session, according to exchange data.
* Foreign investors were net buyers in the equity market,
purchasing stocks worth 140.3 million rupees, while domestic
investors were net sellers, offloading 1.61 billion rupees worth
of shares, the data showed.
* For a report on global markets, click ($1 = 363.0000 Sri Lankan rupees)
(Reporting by Yagnoseni Das in Bengaluru; Editing by Shilpi
Majumdar)
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