Sri Lankan shares end lower as consumer stocks drag; post third monthly jump

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Most Read Sri Lankan shares end lower as consumer stocks drag; post third monthly jump June 30 (Reuters) – Sri Lankan shares ended lower for a second straight session on Wednesday, weighed down by losses in consumer stocks, but posted a third straight monthly jump.* The CSE All-Share Index ended down 0.24% at 7,837.76.* But…

Most Read Sri Lankan shares end lower as consumer stocks drag; post third monthly jump June 30 (Reuters) – Sri Lankan shares ended lower for a second straight session on Wednesday, weighed down by losses in consumer stocks, but posted a third straight monthly jump.* The CSE All-Share Index ended down 0.24% at 7,837.76.* But the index recorded its third straight monthly gain, surging 5.9% in June.* Conglomerate LOLC Holdings and telecom firm Dialog Axiata were top drags, down 2.4% and 3.2%, respectively.

* Sri Lanka reported 257,225 total confirmed coronavirus cases as of Wednesday, and 3,030 deaths, according to the health ministry data https://hpb.health.gov.lk/covid19-dashboard.

* The island nation has fully vaccinated only 4.31% of its total population so far, Johns Hopkins data https://coronavirus.jhu.edu/region/sri-lanka showed on Wednesday.* Trading volume on the exchange rose to 87.1 million from 60.6 million in the previous session.* Foreign investors were net sellers in the equity market, offloading shares worth 109.7 million rupees, exchange data showed https://www.cse.lk/pages/daily-market-summary/daily-market-summary.component.html.* Equity market’s turnover was 1.7 billion rupees, according to exchange data.* For a report on global markets, click * For a report on major currencies, click (Reporting by Nallur Sethuraman in Bengaluru; Editing by Rashmi Aich) 2021-06-30 14:07:14 © 2021 Thomson Reuters.

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