Sri Lankan shares end slightly lower as consumer stocks weigh

  • 12/21/2021
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Dec 21 (Reuters) - Sri Lankan shares ended marginally lower on Tuesday, weighed down by consumer discretionary stocks, though gains in financial companies limited the losses. * The CSE All-Share index (.CSE) ended 0.08% lower at 11,640.91 points. * Financial company LOLC Development Finance (LOLD.CM) and beer brewer and marketer Ceylon Beverage Holdings (BREW.CM) were the top two drags on the index, falling 9.8% and 14.9%, respectively. * Financial services provider Senkadagala Finance (SFCL.CM) and conglomerate LOLC Holdings (LOLC.CM) were the top boosts to the index, gaining 25% and 1.5%, respectively. * The equity market"s turnover was 4.02 billion rupees ($19.90 million), according to stock exchange data. * Trading volume fell to 181.5 million shares from 239.9 million shares in the previous session. * Foreign investors were net buyers in the equity market, picking up shares worth 75.2 million rupees, as per exchange data. * The central bank on Monday said Sri Lanka"s October trade deficit narrowed to $495 million from $509 million in October last year * The statistics department on Tuesday said Sri Lanka"s national consumer price inflation rose 11.1% year-over-year in Novemeber vs an 8.3% rise a month ago. * The island-nation reported 524 new coronavirus cases in the last 24 hours, taking the total to 580,209, while deaths rose by 19 to 14,771, data from the country"s health bureau showed. * About 63.34% of the country"s population has been fully vaccinated, according to data from Johns Hopkins University. * For a report on global markets, click ($1 = 202.0000 Sri Lankan rupees) Reporting by Anuron Kumar Mitra in Bengaluru

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