Sri Lankan shares end lower on losses in financials, industrials

Sri Lankan shares ended lower on Friday, dragged down by losses in financials and industrials.

The benchmark CSE All Share Index closed down 1.14% at 5050.90.

Ceylon Cold Stores rose 1.4% and was the biggest boost to the index, while shares of conglomerate John Keells Holdings were the biggest drag, shedding 3.3%

Sampath Bank Plc was another top drag, falling 2.2%

Foreign investors were net buyers, purchasing 661.9 million Sri Lankan rupees ($3.56 million) worth of shares, according to exchange data.

Trading volume rose to 39.7 million from 37.1 million in the previous session, while equity market turnover was about 1.48 billion rupees.

The Sri Lankan rupee was last quoted at 185.8 against the dollar as of 11:10 GMT, 0.13% higher for the day compared to last session's close of 186.05