Sri Lankan shares end lower as financials drag

BENGALURU: Sri Lankan shares closed lower on Monday, dragged by losses in financial stocks.

• The CSE All Share index settled down 0.36% at 11,216.50.

• Senkadagala Finance PLC and Expolanka Holdings PLC were the top losers on the CSE All Share, falling 13.36% and 1.08%, respectively.

• Trading volume on the CSE All Share index fell to 22.8million shares from 33.1 million shares in the previous session, according to exchange data.

• The equity market’s turnover fell to 550 million Sri Lankan rupees ($1.70 million) from 1.11 billion rupees in the previous session, the data showed.

• Foreign investors were net buyers, purchasing stocks worth 25.7 million rupees, while domestic investors were net sellers, offloading shares worth 537.5 million rupees, the data showed.