Shares extend losing streak to 8 sessions
Sri Lankan shares closed lower for the eighth straight session on Thursday, its longest downward streak since September 2024, dragged by losses across sectors.
The CSE All-Share index settled down 0.60% at 21,697.72.
Industrial Asphalts (Ceylon) PLC and Agstar PLC were the top percentage losers on the CSE All-Share index, falling 12.5% and 8%, respectively.
Trading volume on the index fell to 119.5 million shares from 210.2 million in the previous session.
The equity market’s turnover dropped to 1.44 billion Sri Lankan rupees ($4.3 million) from 2.26 billion rupees in the previous session, according to exchange data.