Sri Lankan shares weighed by financial, industrial stocks

Sri Lankan shares closed lower on Tuesday


Sri Lankan shares closed lower on Tuesday, dragged down by losses in financial and industrial stocks, as coronavirus cases rose in the island nation.

* The CSE All-Share Index ended down 0.65% at 7,542.20.

* Sri Lanka reported 2,646 confirmed coronavirus cases on Tuesday, taking the total to 207,979, according to health ministry data.

* Commercial Bank of Ceylon Plc and investment company Browns Investments Plc were the top drags to the index, falling 1.6% and 1.5%, respectively.

* Trading volume fell to 97.9 million from 114.9 million in the previous session.

* Foreign investors were net sellers in the equity market, offloading shares worth 70.9 million rupees ($359,898.48), according to exchange data.

* The Sri Lankan rupee was last quoted at 197 against the U.S. dollar as of 1211 GMT, 0.25% weaker for the day compared to the previous session's close of 196.5, according to Refinitiv data.

* Equity market turnover was 2 billion rupees, exchange data showed.

($1 = 197.0000 Sri Lankan rupees)

(Reporting by Anuron Kumar Mitra in Bengaluru; Editing by Amy Caren Daniel) ((; +91 99863 58469;))

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