Sri Lankan shares fall as utilities, real estate stocks weigh

Sri Lankan shares closed lower on Monday, hurt by broad-based losses led by utilities and real estate stocks.

The CSE All Share index settled down 0.44% at 20,943.79

Industrial Asphalts (Ceylon) PLC and Tess Agro PLC were the top percentage losers on the CSE All Share index, falling 14.3% and 11.1%, respectively

Trading volume on the CSE All Share index rose to 32.1 million shares from 26.5 million in the previous session, according to exchange data

The equity market’s turnover fell to 596 million Sri Lankan rupees ($1.80 million) from 814.9 million rupees in the previous session

Foreign investors were net buyers, purchasing stocks worth 10.9 million rupees, while domestic investors were net sellers, selling shares worth 593 million rupees, the data showed.