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Sri Lankan shares dip as communications, financial stocks weigh
Sri Lankan shares closed lower on Tuesday, dragged down by communications and financial stocks. The CSE All-Share index settled 0.9% lower at 20,077.48 points. Dialog Axiata and Commercial Bank of Ceylon were the biggest drag on the index, down 1.8% and 0.63%, respectively. Trading volume on the index rose to 78.9 million shares from 46.6 million shares in the previous session. The equity market’s turnover dipped to 1.15 billion Sri Lankan rupees ($3.47 million) from 1.19 billion rupees in the previous session, according to exchange data. Foreign investors were net buyers, purchasing stocks wo...
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