Sri Lankan shares end lower as industrials, financials weigh

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 27 (Reuters) - Sri Lankan shares closed lower on Monday, weighed by losses in industrial and financial stocks.


* The CSE All-Share index fell 1.42% to 9,285.21.
* Conglomerate Expolanka Holdings and LOLC Finance were the top drags on the index, down 2.6% and 1.6%, respectively, according to Refinitiv data.
* Trading volume for the CSE All-Share index fell to 45.4 million shares from about 54.6 million in the previous session.
* The equity market's turnover fell to 871 million Sri Lankan rupees ($2.72 million) from 1.90 billion rupees in the previous session, according to exchange data.
* Foreign investors were net buyers in the equity market, purchasing stocks worth 44 million rupees, while domestic investors were net sellers, offloading 858 million rupees of shares, the data showed.
* For a report on global markets, click ($1 = 320 Sri Lankan rupees) (Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Shounak Dasgupta)

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