off-the-wire

Sri Lankan shares end lower weighed by financials, industrials

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 18 (Reuters) - Sri Lankan shares closed lower on Tuesday as financial and industrial sector stocks logged losses.


* The CSE All Share index fell 0.64% to 9,345.53, marking a second consecutive session of losses.
* Diversified conglomerates LOLC Holdings and Expolanka Holdings were the top drags on the CSE All Share index, down about 2% and 0.7% respectively.


* Trading volume for the CSE All Share index rose to 58.4 million shares from 46.1 million in the previous session.
* The equity market's turnover fell to 1.14 billion Sri Lankan rupees ($3.58 million) from 1.29 billion rupees in the previous session, according to exchange data.
* Foreign investors were net buyers in the equity market, purchasing stocks worth 233.2 million rupees, while domestic investors were net sellers, offloading stocks worth 964.9 million rupees, the data showed.
* For a report on global markets, click ($1 = 318.0000 Sri Lankan rupees) (Reporting by Anisha Ajith in Bengaluru; Editing by Pooja Desai)

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