Sri Lankan shares close flat

Sri Lankan shares closed flat on Monday as gains in utilities stocks were offset by losses in materials and healthcare companies.

The CSE All Share index settled flat at 21,623.66.

SMB Finance PLC and Amana Takaful Life PLC were the top percentage gainers on the CSE All Share index.

Trading volume on the CSE All Share index fell to 64 million shares from 79 million in the previous session.

The equity market’s turnover fell to 2.13 billion Sri Lankan rupees ($6.5 million) from 2.68 billion rupees in the previous session, according to exchange data.

Foreign investors were net sellers, offloading stocks worth 41.1 million rupees, while domestic investors were net buyers, purchasing shares worth 2.11 billion rupees, the data showed.