Broad-based losses drag Sri Lankan shares lower for third day
- CSE All Share index settled down 0.75% at 22,011.10
Sri Lankan shares closed lower on Wednesday, dragged by losses across sectors.
The CSE All Share index settled down 0.75% at 22,011.10, falling for the third-consecutive day.
Dialog Finance PLC and Cargo Boat Development Co were the top percentage losers on the CSE All Share index, falling 10.2% and 9.7%, respectively.
Trading volume on the CSE All Share index rose to 109.9 million shares from 82 million in the previous session.
The equity market’s turnover rose to 2.05 billion Sri Lankan rupees ($6.13 million) from 2.02 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 493.1 million rupees, while domestic investors were net buyers, purchasing shares worth 1.97 billion rupees, the data showed.
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