Sri Lankan equities extended their downturn on Friday, with the Colombo Stock Exchange's All Share Price Index closing down 0.19% at 22,178.73.
The decline marks the fourth consecutive session of losses, capping a week of negative returns for the benchmark index.
58, down 0.21%, driven by weakness in real estate and other sectors.
Selling pressure in the communication services sector proved decisive, outweighing gains recorded by information technology shares.
The sectoral divergence highlights the uneven nature of the current market sentiment, where defensive or growth-oriented tech names found some support while telecom operators faced continued selling.
This latest drop follows a string of weak sessions for the Colombo market.
On Wednesday, the index settled at 22,208.58, down 0.21%, driven by weakness in real estate and other sectors.