CSE hurt by industrial, financial stocks
COLOMBO: Sri Lankan shares closed lower on Monday, hurt by losses in industrial and financial stocks.
The CSE All-Share index closed 1.45% lower at 8,602.16, exchange data showed. The index had closed down 0.84% on Friday, but saw a weekly gain of 0.5%.
Sri Lanka’s key inflation rate slowed to 66% in October after hitting 69.8% in September, the crisis-struck country’s statistics department said
Conglomerate Expolanka Holdings Plc and LOLC Holdings Plc were the top drags on Monday, falling 6.4% and 3.2%, respectively.
Trading volume on the CSE All-Share index rose to 42.8 mill