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COLOMBO: Sri Lankan shares closed lower on Tuesday, dragged by real estate and information technology stocks.
The CSE All-Share index settled 1.84 % lower at 15,870.25.
Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the International Monetary Fund to continue with a $2.9 billion program from the international lender, an IMF official said on Tuesday.
York Arcade Holdings Plc and UB Finance Company were the top losers on the index, down 13.1% and 12.5%, respectively.
Trading volume on the index rose to 77.3 million shares from 65.3 million shares in the previous session.