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Sri Lankan stocks end lower as industrials and financiers weigh

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September 10 (Reuters) – Sri Lankan stocks closed lower on Friday, dragged down by losses in industrials and financials.

* The CSE All-Share Index closed 1.35% lower at 8,865.30 points, losing 4.84% for the week and recording a three-week streak of gains.

* The conglomerates LOLC Holdings and Expolanka Holdings Plc were the main drag, losing 5.4% and 4% respectively.

* Stock market turnover was 6.91 billion rupees ($ 34.55 million), according to stock market data here.

* Exchange trading volume fell to 248.6 million shares from 265.3 million shares in the previous session.

* Foreign investors were net sellers in the stock market, offloading stocks worth 132.3 million rupees, according to stock exchange data.

* The island nation has reported 2,856 new cases of coronavirus in the past 24 hours, bringing the total to 477,636.

* Sri Lanka has reported 175 deaths from COVID-19 in the past 24 hours, bringing the death toll to 10,864, according to health office data here.

* The country’s COVID-19 curfew has been extended until September 21, President Gotabaya Rajapaksas spokesman said on Friday.

* About 45.84% of the nation’s population is so far fully vaccinated, according to data from Johns Hopkins University bit.ly/3C2sMpY

* For a report on global markets, click

* For a report on major currencies click ($ 1 = 200.0000 Sri Lankan rupees)

Reporting by Rama Venkat in Bengaluru, additional reporting by Waruna Karunatilake in Colombo; Editing by Anil DSilva

Sources

1/ https://Google.com/

2/ https://www.reuters.com/article/sri-lanka-markets-close/sri-lankan-shares-end-lower-as-industrials-financials-weigh-idUSL4N2QC2LZ

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