AIRLINK 62.48 Increased By ▲ 2.05 (3.39%)
BOP 5.36 Increased By ▲ 0.01 (0.19%)
CNERGY 4.58 Decreased By ▼ -0.02 (-0.43%)
DFML 15.50 Increased By ▲ 0.66 (4.45%)
DGKC 66.40 Increased By ▲ 1.60 (2.47%)
FCCL 17.59 Increased By ▲ 0.73 (4.33%)
FFBL 27.70 Increased By ▲ 2.95 (11.92%)
FFL 9.27 Increased By ▲ 0.21 (2.32%)
GGL 10.06 Increased By ▲ 0.10 (1%)
HBL 105.70 Increased By ▲ 1.49 (1.43%)
HUBC 122.30 Increased By ▲ 4.78 (4.07%)
HUMNL 6.60 Increased By ▲ 0.06 (0.92%)
KEL 4.50 Decreased By ▼ -0.05 (-1.1%)
KOSM 4.48 Decreased By ▼ -0.09 (-1.97%)
MLCF 36.20 Increased By ▲ 0.79 (2.23%)
OGDC 122.92 Increased By ▲ 0.53 (0.43%)
PAEL 23.00 Increased By ▲ 1.09 (4.97%)
PIAA 29.34 Increased By ▲ 2.05 (7.51%)
PIBTL 5.80 Decreased By ▼ -0.14 (-2.36%)
PPL 107.50 Increased By ▲ 0.13 (0.12%)
PRL 27.25 Increased By ▲ 0.74 (2.79%)
PTC 18.07 Increased By ▲ 1.97 (12.24%)
SEARL 53.00 Decreased By ▼ -0.63 (-1.17%)
SNGP 63.21 Increased By ▲ 2.01 (3.28%)
SSGC 10.80 Increased By ▲ 0.05 (0.47%)
TELE 9.20 Increased By ▲ 0.71 (8.36%)
TPLP 11.44 Increased By ▲ 0.86 (8.13%)
TRG 70.86 Increased By ▲ 0.95 (1.36%)
UNITY 23.62 Increased By ▲ 0.11 (0.47%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,944 Increased By 65.8 (0.96%)
BR30 22,827 Increased By 258.6 (1.15%)
KSE100 67,142 Increased By 594.3 (0.89%)
KSE30 22,090 Increased By 175.1 (0.8%)

Sri Lankan shares extended losses from the previous session to end more than 1% lower on Monday, weighed down by losses in industrial and financial stocks.

At the close of trade, the CSE All-Share index was down 1.07% at 7,639.42. The index on Friday posted its second consecutive weekly gain, advancing 3.4%.

Conglomerate Expolanka Holdings Plc and Browns Investments Plc were the top losers on the index, falling 2.4% and 5.1%, respectively.

Sri Lanka’s new President Ranil Wickremesinghe told diplomats that non-violent protests against his government will be allowed to continue, including in the commercial capital Colombo, his office said in a statement on Sunday.

Sri Lankan shares inch lower; security forces raid protest camp

The country’s security forces raided and partially cleared a protest camp occupying government grounds in Colombo early on Friday, fuelling fears that Wickremesinghe had launched a crackdown a day after being sworn in.

Media footage showed soldiers in riot gear and armed with assault rifles tearing down the camp, set up in April by protesters enraged with the country’s economic collapse.

The island nation of 22 million is facing its worst economic crisis in seven decades, unable to pay for essential imports such as fuel and medicine due to a severe shortage of foreign exchange.

On the CSE All-Share index, trading volume fell to 46.3 million shares from 52.8 million shares in the previous session.

The equity market turnover was 744.9 million rupees ($2.10 million), down from 866.6 billion rupees in the earlier session, according to exchange data.

Foreign investors were net buyers in the equity market, purchasing 122.8 million rupees worth of shares, while domestic investors were net sellers, offloading 624.8 million rupees worth of shares, the data showed.

Comments

Comments are closed.