Sri Lankan shares fall for fourth session as consumer staples, financials weigh

Sri Lankan shares experienced a fourth consecutive day of decline on Thursday, as consumer staples and financial stocks weighed on the market. The CSE All-Share index closed 1.05% lower at 19,717.92 points, with Distilleries Company of Sri Lanka and Hatton National Bank among the biggest decliners, losing 3.6% and 1.2% respectively.

The trading volume for the index fell to 64.3 million shares from 65.2 million shares the previous day, with the equity market's turnover dipping to 1.10 billion Sri Lankan rupees from 1.46 billion rupees. Foreign investors were net buyers, purchasing stocks worth 90.3 million rupees, while domestic investors were net sellers, offloading shares worth 1.05 billion rupees.

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