Sri Lankan shares end little changed

Sri Lankan shares ended mostly unchanged on Tuesday, with gains in real estate and communication stocks offset by a drop in IT and industrial stocks.

The CSE All-Share index declined marginally to 23,607.80. On Monday, the index snapped a 12-session winning run.

Dialog Axiata Plc was the biggest boost to the index, climbing 2.9%; while John Keells Holdings Plc was the biggest drag, declining 2.2%.

Trading volume fell to 133.3 million shares from 156.9 million in the previous session.

The equity market’s turnover declined to 4.94 billion Sri Lankan rupees (nearly $16 million), from 5.21 billion rupees in the previous session, according to exchange data.

Foreign investors were net buyers of shares worth 89.5 million rupees in the equity market, while domestic investors were net sellers of shares worth 4.87 billion rupees, data showed.