Sri Lankan shares fall for fourth straight session, post weekly loss
- CSE All Share index settled down 0.19% at 22,178.73
Sri Lankan shares closed lower on Friday as losses in communication services stocks outweighed gains in IT shares, leaving the benchmark down 0.97% for the week.
The CSE All Share index settled down 0.19% at 22,178.73, extending losses to a fourth straight session.
Tess Agro PLC and Waskaduwa Beach Resort PLC were the top percentage losers on the CSE All Share index, falling 6.7% and 5.6%, respectively.
Trading volume on the CSE All Share index fell to 30.6 million shares from 47.4 million in the previous session.
The equity market’s turnover rose to 1.54 billion Sri Lankan rupees ($4.60 million) from 1.52 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 160.8 million rupees, while domestic investors were net buyers, purchasing shares worth 1.54 billion rupees, the data showed.
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