Office Equipment, Kerner Haus Global Solutions fall

Sri Lankan shares closed lower, lifted by gains in ​industrial and consumer discretionary stocks

The CSE All-Share index declined nearly 0.4% to 23,900.89. On Wednesday, the index notched a 0.1% gain, helped by real ‌estate stocks.

Conglomerate Office Equipment Plc and Kerner Haus Global Solutions Plc were the biggest drags on the CSE All-Share index, sliding 12.9% and 7.5%, respectively.

Trading volume dropped to ⁠277.3 million shares from 347.1 million ‌in the previous ‍session.

Equity market turnover dipped to 6.92 billion Sri Lankan rupees ($22.4 million), compared with 6.94 billion rupees in the previous session, according to exchange data.

Foreign investors were ⁠net sellers of shares worth 76.4 million rupees in the equity market, while domestic investors were net buyers of shares worth 6.87 billion rupees, data showed.