Dialog Axiata PlcCSELK: DIAL.N0000

Broad losses bring Sri Lankan shares down

· Issued by Dialog Axiata Plc

Sri Lankan shares closed lower on Monday, dragged by losses across most sectors

* The CSE All-Share index CSELK:ASI dropped nearly 1.3% to 20,364.97. Last week, the index posted its fourth consecutive session of weekly losses.

* Office Equipment Plc CSELK:OFEQ.N0000 and Dialog Axiata Plc CSELK:DIAL.N0000 were the biggest drags to the CSE All-Share index, falling 18.8% and 2.4%, respectively.

* Trading volume fell to 96.2 million shares from 215.2 million in the previous session.

* The equity market's turnover fell to 2.37 billion Sri Lankan rupees ($7.57 million), compared with 4.39 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers in the equity market of stocks worth 168.5 million rupees, while domestic investors were net buyers of shares worth 2.32 billion rupees, data showed.

* For a report on global markets, click

($1 = 313.0000 Sri Lankan rupees)

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