Sri Lanka shares post worst day in five months

Sri Lankan shares logged their worst day since June on Monday, hurt by losses across sectors except utilities.

The CSE All Share index lost 1.47% to 22,644.88, marking its sharpest drop since June 23.

Industrial Asphalts and Hunter and Company were the top two percentage losers on the index, dropping 20% and 9%, respectively.

Trading volume on the CSE All Share index fell to 145.9 million shares from 146.7 million shares in the previous session.

The equity market’s turnover rose to 4.95 billion Sri Lankan rupees ($16.1 million) from 3.82 billion rupees in the previous session, according to exchange data.

Foreign investors net bought stocks worth 173.1 million rupees, while domestic investors net sold shares worth 4.86 billion rupees, the data showed.