* The CSE All Share index settled down 0.24% at
8,906.20.
* Conglomerate Expolanka Holdings PLC and ICT
solutions provider Sri Lanka Telecom PLC were the top
losers on the CSE All Share, falling 1.16% and 2.15%,
respectively.
* The Sri Lankan economy is expected to contract by 3% in
2023 given the weak external environment, Krishna Srinivasan,
Director of the Asia Pacific Department at the International
Monetary Fund, said on Monday.
* Trading volume on the index fell to 42.9 million shares
from 94.7 million in the previous session.
* The equity market's turnover fell to 676.6 million Sri
Lankan rupees ($2.13 million) from 785.8 million rupees in the
previous session, according to exchange data.
* Foreign investors were net buyers, purchasing stocks worth
28.2 million rupees, while domestic investors were net sellers,
offloading shares worth 675.9 million rupees, the data showed.
* For a report on global markets, click ($1 = 318.0000 Sri Lankan rupees)
(Reporting by Ashish Chandra in Bengaluru; Editing by Rashmi
Aich)
May 15 (Reuters) - Sri Lankan shares ended lower for a
second straight session on Monday, dragged by the losses in
industrials and communication services stocks.
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