Markets

Sri Lankan shares snap four-day winning streak as financials drag

  • The benchmark CSE All Share Index ended 0.20pc lower at 5,251.61.
Published August 17, 2020

Sri Lankan shares ended lower for the first time in five sessions on Monday, dragged down by financial and healthcare stocks.

The benchmark CSE All Share Index ended 0.20pc lower at 5,251.61.

Sri Lanka's July manufacturing purchasing managers' index was at 64.6 index points against 67.3 index points in June, according to data from central bank that came after market closed.

Royal Ceramics Lanka fell 2.1pc, while ACL Cables dropped 3.2pc and were top drags on the index.

Equity market turnover was 1.65 billion Sri Lankan rupees ($8.99 million).

Trading volume on the CSE All Share Index, when compared to the last full trading day, was 26.9pc lower? at 87.22 million.

The Sri Lankan rupee was quoted at 183.60 against the dollar as of 1404 GMT, according to Refinitiv data.

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