Sri Lankan equities closed lower for the third straight session on Tuesday, with the Colombo Stock Exchange's All-Share index settling at 21,145.73, down 0.29% from the previous close.

The decline was primarily driven by losses in the utilities and energy sectors, which continued to weigh on broader market sentiment.

The selling pressure in these key sectors reflects ongoing investor caution regarding the country's energy infrastructure and utility profitability.

While the index decline was modest in percentage terms, the persistence of the downtrend suggests that underlying structural concerns remain unresolved.

The utilities sector, often a bellwether for domestic economic stability in emerging markets, has been a focal point for risk-off flows.

This session's performance extends a period of volatility for Sri Lankan equities.