Sri Lanka shares snap eleven-session rally

York Exports

04/08/2025 12:11

Aug 4 (Reuters) - Sri Lankan shares halted an eleven-session gaining streak on Monday, dragged lower by losses in information technology and utilities stocks.

* The CSE All-Share index .CSE settled down 0.64% at 19,786.23. In the past eleven sessions, the benchmark had added about 5.5%.

* Swisstek (Ceylon) PARQ.CM and York Arcade Holdings YORK.CM were the top two percentage losers on the CSE All-Share, dropping 5.9% and 5.8%, respectively.

* Trading volume on the index slumped to 157.5 million shares from 416.7 million in the previous session.

* The equity market's turnover dropped to 4.54 billion Sri Lankan rupees ($15.1 million) from 7.37 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers, offloading stocks worth 82.9 million rupees, while domestic investors were net buyers, purchasing shares worth 4.46 billion rupees, the data showed.

* For a report on global markets, click MKTS/GLOB

($1 = 300.8000 Sri Lankan rupees)

 (Reporting by Hritam Mukherjee; Editing by Vijay Kishore)

 ((Hritam.Mukherjee@thomsonreuters.com;))