Sri Lankan shares closed lower on Tuesday, led by losses in information technology and communication services stocks. The CSE All-Share index settled down 0.64% at 21,479.07. Convenience Foods (Lanka) PLC and Malwatte Valley Plantations PLC were the top percentage losers on the CSE All-Share index, falling 6.7% and 6.2%, respectively. Trading volume on the index rose to 80.2 million shares from…
Sri Lankan shares experienced a decline on Tuesday, with information technology and communication stocks leading the downward trend. The CSE All-Share index closed at 21,479.07, marking a 0.64% decrease. Convenience Foods (Lanka) PLC and Malwatte Valley Plantations PLC were the most significant losers, with a 6.7% and 6.2% drop, respectively.
Trading volume increased to 80.2 million shares from the previous session's 45.5 million, while the market's turnover reached 2.04 billion Sri Lankan rupees. Foreign investors were net sellers, selling stocks worth 648.8 million rupees, whereas domestic investors were net buyers, purchasing shares worth 1.99 billion rupees.
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