* The CSE All Share index settled 3.03% lower to
8,711.46 on Tuesday.
* Sri Lanka's Foreign Minister Ali Sabry met the vice
president of the Asian Development Bank on Tuesday seeking a
reclassification of the cash-strapped country for greater access
to cheaper funding, Sri Lanka's embassy in South Korea said.
* On the CSE All Share index, Expolanka Holdings Plc and LOLC Finance Plc were the top decliners
on the index, falling 5.3% and 5.5%, respectively.
* Trading volume on the index rose to 52.4 million shares
from 42.6 million in the previous session.
* The equity market's turnover rose to 983.9 million Sri
Lankan rupees ($3.08 million) from 895.8 million rupees in the
previous session, according to exchange data.
* Foreign investors were net sellers, offloading stocks
worth 60.8 million rupees, while domestic investors were net
buyers, purchasing shares worth 924 million rupees, the data
showed.
* For a report on global markets, click ($1 = 319.0000 Sri Lankan rupees)
(Reporting by Ashna Teresa Britto in Bengaluru; Editing by)
May 2 (Reuters) - Sri Lankan shares declined for the
eleventh straight session on Tuesday, weighed down by financial
and industrial stocks.
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