Sri Lanka shares end flat, log weekly loss

Sri Lankan shares closed unchanged on Friday and ended the week in the red, as gains in consumer staples and materials stocks were offset by healthcare losses.

The CSE All Share index settled flat at 22,567.63.

Industrial Asphalts (Ceylon) and Serendib Land PLC were the top percentage gainers on the CSE All Share index, rising 25% and 16.7%, respectively.

Trading volume on the CSE All Share index fell to 120.3 million shares from 126 million in the previous session, according to exchange data.

The equity market’s turnover fell to 2.07 billion Sri Lankan rupees ($6.51 million) from 2.83 billion rupees in the previous session.

Foreign investors were net sellers, offloading stocks worth 69.6 million rupees, while domestic investors were net buyers, purchasing shares worth 2.03 billion rupees.