Industrial Asphalts (ceylon) PlcCSELK: ASPH.N0000

Sri Lankan benchmark ends marginally lower as financials drag

· Issued by Industrial Asphalts (ceylon) Plc

Sri Lankan shares closed slightly lower on Tuesday, weighed by financial stocks, but found support from all other sectors.

* The CSE All-Share index CSELK:ASI slipped 0.02% to 23,623.74.

* Industrial Asphalts (Ceylon) CSELK:ASPH.N0000 and Senkadagala Finance CSELK:SFCL.N0000 were the biggest percentage losers on the CSE All-Share index, falling 20% and 17.7%, respectively.

* Ten of the 11 sectors advanced, led by Paragon Ceylon PLC CSELK:PARA.N0000, which surged 25% to top the index.

* Trading volume fell to 134.5 million shares from 214.3 million shares in the previous session.

* The equity market's turnover rose to 5.17 billion Sri Lankan rupees ($16.69 million) compared with 4.69 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers in the equity market, selling stocks worth 155.2 million rupees, data showed. Domestic investors were net buyers, purchasing shares worth 5.1 billion rupees.

* For a report on global markets, click

($1 = 309.6800 Sri Lankan rupees)

Earlier from Industrial Asphalts (ceylon)

All Industrial Asphalts (ceylon) news releases