Sri Lankan shares flat

Sri Lankan shares were little changed on Tuesday in lacklustre trade, hovering near a one-year closing low hit last week, as investors stayed on the sidelines ahead of the central bank's policy review. The Colombo stock index ended flat at 6,041.59, near its lowest close since March 16, 2016 hit on Thursday. Turnover stood at 283.3 million rupees ($1.9 million), less than half of this year's daily average of 665 million rupees.
The index has lost 1.2 percent since March 7, when the International Monetary Fund called for monetary policy tightening if credit growth or inflation did not abate. Foreign investors net bought shares worth 160.8 million rupees, raising the year-to-date net foreign inflow to 2.66 billion rupees in equities.