Markets

Sri Lankan shares flat as consumer gains offset losses in industrial stocks

  • The benchmark CSE All Share Index closed 0.01% lower at 5,310.67.
  • Cargills (Ceylon) Plc rose 2.8% and was among the biggest boosts to the benchmark.
Published September 7, 2020 Updated September 7, 2020 05:10pm
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Sri Lankan shares closed little changed on Monday, as gains in consumer stocks offset losses in the industrial and financial sectors.

The benchmark CSE All Share Index closed 0.01% lower at 5,310.67.

Among the session's top drags, investment manager Lanka ORIX Leasing Company Plc fell 1.1%, while construction company Access Engineering Plc dipped 2.2%.

Cargills (Ceylon) Plc rose 2.8% and was among the biggest boosts to the benchmark.

Trading volume on the CSE All Share Index rose to 89.8 million, from 53.1 million in the previous session.

Foreign investors were net sellers, offloading 37.9 million Sri Lankan rupees ($205,197.62) worth of shares.

Equity market turnover was 757.2 million Sri Lankan rupees, exchange data showed.

The Sri Lankan rupee was last quoted at 184.7 against the dollar, according to Refinitiv data.