Shares close lower on broad-based losses

Sri ‌Lankan shares closed lower on Tuesday, dragged by losses across sectors.

The CSE All Share index settled down 0.65% at 22,263.28.

Serendib ⁠Land PLC and Tess Agro PLC were the top percentage losers on the CSE All Share index, falling 8.14% and 6.67%, respectively.

Trading volume on the ‌CSE ‌All Share index ​fell to ‌60 million shares from 63.9 ‌million in the previous session.

The equity market’s turnover fell to 1.76 billion Sri Lankan ‌rupees ($5.24 million) from 1.91 billion rupees in the previous ⁠session, ⁠according to exchange data.

Foreign investors were net sellers, offloading stocks worth 581.1 million rupees, while domestic investors were net buyers, purchasing shares worth 1.64 billion rupees, the data showed.