Shares end lower as industrials, consumer stocks drag

REUTERS: Sri Lankan shares closed lower yesterday for a fourth straight session, dragged down by losses in industrials, consumer staples and financial stocks.
The CSE All-Share Index closed 1.62 percent lower at 6,930.76.

Among individual stock moves, LOLC and conglomerate Expolanka Holdings were the top two drags on the CSE All-Share index, falling 3.7 percent and 4.9 percent, respectively.
Trading volume rose to 65.4 million, from 38.9 million in the previous session.

Foreign investors were net sellers, offloading Rs.208.8 million (US $ 1.07 million) worth of shares, according to exchange data.

Equity market turnover was Rs.1.30 billion, exchange data showed.

The Sri Lankan rupee was quoted at 197 against the dollar as of 1117 GMT, according to Refinitiv data.