Sri Lankan shares edge lower as IT, energy stocks weigh
- CSE All Share index settled down 0.03% at 21,417.80
Sri Lankan shares closed marginally lower on Wednesday as losses in IT and energy stocks outweighed gains in materials and industrials.
The CSE All Share index settled down 0.03% at 21,417.80, falling for the third straight session.
LAUGFS Gas PLC and PMF Finance PLC were the top percentage losers on the CSE All Share index, falling 2.56% and 1.75%, respectively.
Trading volume on the CSE All Share index rose to 56.9 million shares from 48.7 million in the previous session.
The equity market’s turnover rose to 1.23 billion Sri Lankan rupees ($3.66 million) from 1.09 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 93.4 million rupees, while domestic investors were net buyers, purchasing shares worth 1.17 billion rupees, the data showed.
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