Sri Lankan shares fall for sixth consecutive session

Sri Lankan shares closed marginally lower on Monday, pressured by financial services and consumer stocks.

The CSE All-Share index fell 0.23% to 19,640.56 points, recording its sixth consecutive session of losses

Commercial Bank of Ceylon PLC and Distilleries Company of Sri Lanka PLC were among the biggest drags on the index, down 0.4% and 0.6%, respectively

Trading volume on the index slightly fell to 29.7 million shares from 31.5 million shares in the previous session

The equity market’s turnover dipped to 666.3 million Sri Lankan rupees ($2.01 million) from 825.1 million rupees in the previous session, according to exchange data

Foreign investors were net sellers, offloading stocks worth 12.3 million rupees, while domestic investors were net buyers, purchasing shares worth 661 million rupees, the data showed