Sri Lankan shares fall as healthcare, energy stocks drag

Business Recorder reported that Sri Lanka's equity market ended Monday's session in negative territory, with healthcare and energy counters weighing on prices. The CSE All-Share index slipped 0.3 per cent to finish at 21,313.92. Kerner Haus Global Solutions Plc led the percentage losers with an 8 per cent fall, while Serendib Land Plc dropped 6.9 per cent.

Share volume came in at 56.2 million, against 57.7 million the day before, while turnover climbed to 1.55 billion Sri Lankan rupees, or $4.7 million, from 1.13 billion rupees. Exchange figures showed that overseas participants were on the selling side, disposing of equities worth 116.5 million Sri Lankan rupees. Local investors more than made up for that, acquiring equities totalling 1.52 billion rupees.

Domestic investors were net buyers over the session, the reverse of the overseas position. The exchange data also showed turnover rising even as the index closed lower, while volume edged down.