Markets
Energy stocks drag Sri Lankan shares lower
- CSE All-Share index settled 0.64% lower at 20,517.55 points
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Sri Lankan shares closed lower on Wednesday, dragged by energy stocks.
The CSE All-Share index settled 0.64% lower at 20,517.55 points.
Standard Capital and C M Holdings PLC were the top percentage losers on the index, down 10.6% and 7.2%, respectively.
Trading volume on the index rose to 60.4 million shares from 43.1 million shares in the previous session.
The equity market’s turnover rose to 1.99 billion Sri Lankan rupees ($6.01 million) from 1.07 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 31.5 million rupees, while domestic investors were net buyers, purchasing shares worth 1.96 billion rupees, the data showed.