Most Read Sri Lankan shares fall as industrials, financials slide March 2 (Reuters) – Sri Lankan shares closed lower for a second straight session on Tuesday, dragged down by industrial and financial stocks.* The benchmark stock index ended down 1.27% at 7,343.38.The index is off 18.6% from its lifetime high hit on January 29, 2021.* Cable manufacturer ACL Cables slumped 6.2%, according to exchange data, while LOLC Holdings slid nearly 3%.* Trading volume on the CSE All Share Index rose to 66.7 million from 57.9 million in the previous session.
* Foreign investors were net sellers, offloading shares worth 791.1 million Sri Lankan rupees ($4.06 million), according to exchange data.* Equity market turnover was 1.99 billion Sri Lankan rupees, data showed.* The Sri Lankan rupee was quoted at 195.5 against the U.S.
dollar by 1100 GMT, according to Refinitiv data.* For a report on global markets, click * For a report on major currencies, click ($1 = 195.0000 Sri Lankan rupees) (Reporting by Chris Thomas in Bengaluru; Editing by Shailesh Kuber) 2021-03-02 13:27:37
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