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Oct. 11 (Reuters) – Sri Lankan stocks ended a three-day winning streak to close lower on Monday, as heavy industrial and financial losses weighed in, while bonds fell after the central bank abandoned a buyback plan.
* The CSE All-Share index closed 0.31% lower at 9,649.26.
* The conglomerate Expolanka Holdings Plc and Commercial Bank of Ceylon Plc were the main drag on the index, falling 1% and 3.1% respectively.
* Stock market turnover was 2.58 billion rupees ($ 12.90 million), according to stock data here.
* Exchange trading volume fell to 115.4 million shares from 177.7 million shares in the previous session.
* Foreign investors were net sellers in the stock market, offloading shares worth Rs 149 million, according to exchange data.
* Sri Lanka’s government bonds suffered their biggest drop in nearly seven weeks after the central bank scrapped a plan to buy back some of the country’s debt on the cheap after fears of default hit. increase the prices.
* On Sunday, the island nation reported a total of 526,383 confirmed cases of coronavirus and 13,331 deaths from COVID-19, according to data from the country’s health office.
* About 56.69% of the nation’s population is so far fully vaccinated, according to data from Johns Hopkins University here.
* For a report on global markets, click
* For a report on major currencies click ($ 1 = 200.0000 Sri Lankan rupees) (Report by Anuron Kumar Mitra in Bengaluru; edited by Uttaresh.V)
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