Sri Lankan shares retreat as financial, consumer stocks fall – Reuters

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Dec 8 (Reuters) – Sri Lankan shares ended lower on Wednesday, after gaining for two straight sessions, weighed down by losses in financial and consumer stocks.

* The CSE All-Share index (.CSE) fell 0.61% to close at 11,021.07.

* Commercial Leasing and Finance Plc (COLE.CM) and LOLC Finance Plc (LOLF.CM) were the top drags on the index, dropping 9.3% each

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* The equity market’s turnover was 5.67 billion rupees ($27.97 million), according to stock exchange data.

* Trading volume fell to 617.4 million shares from 873.2 million shares in the previous session.

* Foreign investors were net sellers in the equity market, offloading shares worth 98.8 million rupees, as per exchange data.

* The island-nation reported 748 new coronavirus cases in the last 24 hours, taking the total to 569,171, while deaths rose by 21 to 14,505, data from the country’s health bureau showed.

* About 63.16% of the country’s population has been fully vaccinated so far, according to data from Johns Hopkins University.

* For a report on global markets, click

($1 = 202.7500 Sri Lankan rupees)

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Reporting by Soumyajit Saha in Bengaluru; Editing by Vinay Dwivedi

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