off-the-wire

Sri Lankan shares end lower as financials, communication services weigh

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 20 (Reuters) - Sri Lankan shares closed lower on Thursday dragged by losses in financial and communication services stocks.



* The CSE All Share index fell 0.13% to 9,279.19, marking a fourth straight session of losses.
* Sri Lanka Telecom and LOLC Finance were the top decliners on the CSE All Share index, down 2.4% and 1.7% respectively.


* Trading volume for the CSE All Share index rose to 42.9 million shares from 38 million in the previous session.
* The equity market's turnover rose to 933.5 million Sri Lankan rupees($2.94 million) from 632.7 million rupees in the previous session, according to exchange data.
* Foreign investors were net buyers in the equity market, purchasing stocks worth 247.1 million rupees, while domestic investors were net sellers, offloading stocks worth 830 million rupees, the data showed.
* For a report on global markets, click ($1 = 318 Sri Lankan rupees) (Reporting by Anisha Ajith in Bengaluru; Editing by Shailesh Kuber)

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