off-the-wire

Sri Lankan shares end lower as industrials, financials drag

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 19 (Reuters) - Sri Lankan shares closed lower on Wednesday dragged by losses in industrial and financial sector stocks.



* The CSE All Share index fell 0.58% to 9,291.42, marking a third straight session of losses.
* Conglomerates Expolanka Holdings and LOLC Finance were the top decliners on the CSE All Share index, down 4.5% and 1.7% respectively.


* Trading volume for the CSE All Share index fell to 38 million shares from 58.4 million in the previous session.
* The equity market's turnover fell to 632.7 million Sri Lankan rupees ($1.98 million) from 1.14 billion rupees in the previous session, according to exchange data.
* Foreign investors were net sellers in the equity market, offloading stocks worth 85.9 million rupees, while domestic investors were net buyers, purchasing stocks worth 591 million rupees, the data showed.
* For a report on global markets, click ($1 = 319 Sri Lankan rupees) (Reporting by Anisha Ajith in Bengaluru;)

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