Sri Lankan shares close marginally lower to snap four sessions of gains
- CSE All Share index settled down 0.01% at 23,953.09
Sri Lankan shares closed marginally lower on Monday, snapping a gaining streak of four sessions, as losses in utilities and energy weighed on gains from information technology stocks.
The CSE All Share index settled down 0.01% at 23,953.09.
Muller & Phipps (Ceylon) PLC and HVA Foods PLC were the top percentage losers on the CSE All Share index, falling 8.33% and 5.41%, respectively.
Trading volume on the CSE All Share index fell to 195 million shares from 258.9 million in the previous session.
The equity market’s turnover fell to 5.5 billion Sri Lankan rupees ($17.8 million) from 10.5 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth165.2 million rupees, while domestic investors were net buyers, purchasing shares worth 5.36 billion rupees, the data showed.
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