Sri Lankan shares fall for sixth consecutive session

Sri Lanka’s equity benchmark ended Monday at 19,640.56, down 0.23%, extending its retreat to a sixth consecutive trading session, Business Recorder reported. Weakness among financial-services and consumer counters weighed on the CSE All-Share index, while trading activity also slowed compared with the previous session.

Commercial Bank of Ceylon slipped 0.4% and Distilleries Company of Sri Lanka lost 0.6%, making them notable contributors to the decline. Turnover totalled 666.3 million Sri Lankan rupees, equivalent to $2.01 million, against 825.1 million rupees previously; volume was 29.7 million shares versus 31.5 million. Foreign investors sold a net 12.3 million rupees of equities, while local investors purchased shares worth 661 million rupees, according to exchange data, indicating contrasting investor flows.