Tess Agro PlcCSELK: TESS.N0000

Sri Lankan shares end lower after six sessions of gains

· Issued by Tess Agro Plc

Sri Lankan shares closed lower on Monday, dragged by losses in utility stocks.

* The CSE All Share index CSELK:ASI settled down 0.10% at 22,788.79 rupees, after gaining for six straight sessions.

* Senkadagala Finance CSELK:SFCL.N0000 was the top loser on the CSE All Share, down 14.7%, followed by Tess Agro CSELK:TESS.N0000 and Asia Capital Plc CSELK:ACAP.N0000 that dropped 10% each.

* Trading volume on the CSE All Share index rose to 306.9 million shares from 226.7 million shares in the previous session.

* The equity market's turnover declined to 5.77 billion Sri Lankan rupees ($19.03 million) from 6.21 billion rupees in the previous session, according to exchange data.

* Foreign investors were net buyers of stocks worth 299.8 million rupees, while domestic investors were net sellers, offloading shares worth 5.64 billion rupees, the data showed.

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

($1 = 302.7500 Sri Lankan rupees)

Earlier from Tess Agro

All Tess Agro news releases