Sri Lankan shares end lower as financials, industrials drag

  • 12/16/2021
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Sri Lankan shares closed lower on Thursday for a second straight session, weighed down by losses in financials and industrials stocks. * The CSE All-Share index (.CSE) was down 0.64% at 11,678.65 points. * Conglomerate Expolanka Holdings Plc (EXPO.CM) and Commercial Leasing and Finance Plc (COLE.CM) were the top drags to the index, falling 1% and 3.7%, respectively. * The equity market"s turnover was about 8.40 billion rupees ($41.79 million), according to stock exchange data. * Trading volume fell to 234.2 million shares from 302.5 million shares in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth 336.5 million rupees, as per exchange data. * The island-nation reported 772 new coronavirus cases in the last 24 hours, taking the total to 576,966, and deaths rose by 16 to 14,677, data from the country"s health bureau showed. * About 63.28% of the country"s population has been fully vaccinated, according to data from Johns Hopkins University. * For a report on global markets, click ($1 = 201.0000 Sri Lankan rupees) Reporting by Rama Venkat in Bengaluru; Editing by Shailesh Kuber Our Standards: The Thomson Reuters Trust Principles.

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