Softlogic Capital PlcCSELK: SCAP.N0000

IT losses drag Sri Lankan shares lower

· Issued by Softlogic Capital Plc

Sri Lankan shares closed lower on Thursday, as losses in IT and energy stocks overpowered gains in healthcare.

* The CSE All Share index CSELK:ASI settled 0.32% lower at 22,566.58.

* Royal Palms Beach Hotels PLC CSELK:RPBH.N0000 and Softlogic Capital PLC CSELK:SCAP.N0000 were the top percentage losers on the CSE All Share index, falling 3.1% and 2.4%, respectively.

* Trading volume on the CSE All Share index fell to 126 million shares from 155.5 million in the previous session.

* The equity market's turnover fell to 2.83 billion Sri Lankan rupees ($8.92 million) from 5.25 billion rupees in the previous session, according to exchange data.

* Foreign investors were net buyers, purchasing stocks worth 60 million rupees, while domestic investors were net sellers, offloading shares worth 2.77 billion rupees, the data showed.

* For a report on global markets, click

($1 = 317.2500 Sri Lankan rupees)

Earlier from Softlogic Capital

All Softlogic Capital news releases