Sri Lankan shares fall as real estate, utilities stocks weigh
- CSE All Share index settled down 0.60% at 20,817.82
Sri Lankan shares closed lower on Tuesday, hurt by broad-based losses led by real estate and utilities stocks.
The CSE All Share index settled down 0.60% at 20,817.82.
York Arcade Holdings Plc and Serendib Land Plc were the top percentage losers on the CSE All Share index, falling 22.5% and 19.9%, respectively.
Trading volume on the CSE All Share index rose to 69.6 million shares from 32.1 million in the previous session.
The equity market’s turnover rose to 1.01 billion Sri Lankan rupees ($3.05 million) from 596 million rupees in the previous session, according to exchange data.
Foreign investors were net buyers, purchasing stocks worth 25.7 million rupees, while domestic investors were net sellers, selling shares worth 1.00 billion rupees, the data showed.
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