Sri Lankan shares hit 15-month low

Sri Lankan shares extended falls on Tuesday to a 15-month closing low as continued foreign selling in blue chips, political uncertainty and concerns about lower economic growth dented investor appetite for risky assets. The Colombo stock index declined for a 16th session in 18 and closed 0.77 percent weaker at 6,081.08, its lowest close since April 3, 2017. On Monday, the index fell the most in intraday trade in nearly 28 months.
Foreign investors sold the island nation's risky assets for a ninth consecutive session, extending the foreign outflow to 1.02 billion rupees ($6.44 million).