Sri Lankan shares end over 3% lower as financials weigh

  • 11/19/2021
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Nov 19 (Reuters) - Sri Lankan shares fell the most in more than two months on Friday, retreating from a record high hit in the previous session, dragged down by financial stocks. * The CSE All-Share index (.CSE) closed down 3.32% at 10,658.72 points, its biggest one-day fall since Sept. 13. * For the week, the index was mostly unchanged. * Finance heavyweights, Commercial Leasing and Finance Plc (COLE.CM) and LOLC Finance Plc (LOLF.CM) were top drags, falling 15.80% and 25%, respectively. * The equity market"s turnover was 9.39 billion Sri Lankan rupees ($46.72 million), according to stock exchange data. * Trading volume on the exchange fell to 322.3 million shares, from 384.6 million shares in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth about 626.1 million rupees, as per exchange data. * The Sri Lankan stock market was closed on Thursday for a holiday. * For a report on global markets, click ($1 = 201.0000 Sri Lankan rupees)

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