Sri Lankan shares closed lower on Friday, dragged by industrials and consumer discretionary stocks.

The CSE All Share index settled down 0.33% at 9,248.56, snapping six straight sessions of gains.

For the week, the index rose 4.88% marking three straight weeks of gains.

On the CSE All Share index, Expolanka Holdings Plc and Vallibel One Plc were the top losers, falling 0.9% and 3.3%, respectively.

Sri Lankan shares end higher aided by consumer discretionary, staples; Q1 GDP contracts

Trading volume fell to 55.4 million shares from 97.2 million shares in the previous session.

The equity market’s turnover fell to 1.88 billion Sri Lankan rupees ($6.14 million) from 2.85 billion rupees in the previous session, according to exchange data.

Foreign investors bought stocks worth 223.4 million rupees on a net basis, while domestic investors were net sellers, offloading shares worth 1.83 billion rupees, the data showed.