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Sri Lankan shares end lower as financials, consumer stocks weigh

02/15/2021 | 07:12am EDT

Feb 15 (Reuters) - Sri Lankan shares ended lower on Monday, weighed down by losses in consumer staples and financial stocks.

* The benchmark stock index fell 0.97% to 7,907.27 at the end of the trading session after having closed 5.1% firmer on Friday.

* The Sri Lankan rupee was last quoted at 194 against the U.S. dollar, as of 1107 GMT.

* Trading volume on the CSE All Share Index fell to 134.5 million from 184.8 million in the previous session.

* Conglomerate Melstacorp slumped 12% to be the biggest drag in the index, followed by a 6.7% decline in shares of Browns Investment.

* Real estate development firm York Arcade Holdings , which was the biggest percentage loser, shed nearly 13%.

* Foreign investors were net sellers, off-loading 213.2 million Sri Lankan rupees ($1.10 million) worth of shares, according to exchange data.

* Equity market turnover was 6.01 billion Sri Lankan rupees, data showed.

* For a report on global markets, click

* For a report on major currencies, click <FRX/

($1 = 194.0000 Sri Lankan rupees) (Reporting by Philip George in Bengaluru)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BROWNS INVESTMENTS PLC 1.47% 6.9 End-of-day quote.60.47%
MELSTACORP PLC 0.38% 52.3 End-of-day quote.0.58%
YORK ARCADE HOLDINGS PLC -1.64% 210 End-of-day quote.56.95%
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