Sri Lankan shares closed lower on the impact of consumer staples and financial data – Markets ReadingS


BENGALURU: Sri Lankan shares closed lower on Thursday, driven by losses in consumer staples and financial stocks.

The CSE All Share Index fell 0.57% to 10,662.08, falling for the third consecutive session.

Distillery Company of Sri Lanka PLC and Senkadagala Finance PLC were the top losers on the CSE All Share, falling 4.55% and 11.85% respectively.

Sri Lankan shares decline due to financial developments

Trading volume in the CSE All Share index increased to 68.4 million shares from 19.6 million shares in the previous session.

The stock market’s turnover rose to 1.06 billion Sri Lankan rupees ($3.23 million) from 787.2 million rupees in the previous session, stock exchange data showed.

The data showed that foreign investors were net sellers, selling shares worth 182.9 million rupees, while domestic investors were net buyers, buying shares worth 997.7 million rupees.

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