Sri Lankan shares end lower as financials, industrial weigh
- The benchmark CSE All Share Index closed down 0.76% at 5,109.04.
- Shares of Cargills (Ceylon) Plc rose 4.2% and was among the top boosts.
Sri Lankan shares ended lower on Thursday, as declines in heavyweight financial and industrial stocks weighed on overall sentiment.
The benchmark CSE All Share Index closed down 0.76% at 5,109.04.
Industrial conglomerate John Keells Holdings Plc fell 1.7% and was the biggest drag on the index followed by Lion Brewery (Ceylon) Plc, which shed 4.2%.
Shares of Cargills (Ceylon) Plc rose 4.2% and was among the top boosts.
Foreign investors were net sellers, offloading 706.8 million Sri Lankan rupees ($3.80 million) worth of shares, according to exchange data.
Trading volume rose to 37.1 million from 32.3 million in the previous session, while equity market turnover was about 1.56 billion rupees.
The Sri Lankan rupee was last quoted at 186.05 against the US dollar as of 1207 GMT.
Comments
Comments are closed.