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Sri Lankan shares close flat as gains in communication offset healthcare losses

Sri Lankan shares close flat as gains in communication offset healthcare losses

Sri Lankan shares closed flat on Monday, with gains in communication services stocks offset by losses in healthcare and consumer discretionary sectors, according to Business Recorder. The CSE All-Share index settled down 0.03% at 21,616.88. SMB Finance and Asia Asset Finance were the top percentage losers, falling 9.09% and 8.15% respectively.

Trading volume on the CSE All Share index fell to 45.5 million shares from 76 million in the previous session, with the equity market’s turnover dropping to 1.89 billion Sri Lankan rupees ($5.7 million) from 2.24 billion rupees in the previous session. Foreign investors were net sellers, offloading stocks worth 488.5 million rupees, while domestic investors were net buyers, purchasing shares worth 1.88 billion rupees.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at brecorder.com →

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