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Sri Lanka shares end lower, dragged by realty and consumer staples

Posted to Maritime Reporter on June 4, 2024

Sri Lankan shares closed lower on Monday, dragged by losses in realty and customer staple stocks.

* The CSE All Share index calmed down 0.46% at 12,050.44. It has actually fallen in 11 out of the last 14 sessions.

* Mercantile Shipping Business PLC and Diesel &&. Motor Engineering PLC were the top portion losers. on the CSE All Share, falling 17.6% and 6%, respectively.

* Trading volume on the CSE All Share index was up to 43.1. million shares from 58.1 million in the previous session.

* The equity market's turnover fell to 686.7 million Sri. Lankan rupees ($ 2.3 million) from 1.17 billion rupees in the. previous session, according to exchange data.

* Foreign investors were net sellers, offloading stocks. worth 118 million rupees, while domestic investors were net. buyers, buying shares worth 637 million rupees, the data. showed.

* For a report on global markets, click.