Shares fall as industrial, financial drag

Sri Lankan shares closed lower, led by declines in industrial and financial stocks.

* The CSE All-Share index settled 0.75% lower at 15,841.60 points.

* Ceylinco Holdings and Sathosa Motors were the top losers by index points, down 100 points and 64.75 points, respectively, on the day.

* Trading volume on the index rose to 202.66 million shares from 64.75 million shares in the previous session.

* The equity market’s turnover rose to 3.2 billion Sri Lankan rupees from 1.49 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers, offloading stocks worth 126.50 million rupees, while domestic investors were net buyers, purchasing shares worth 3.14 billion rupees, the data showed.