Sri Lankan equities closed lower on Tuesday, with the Colombo Stock Exchange's All-Share index settling at 21,424.99, down 0.50% from the previous session.
The decline was driven by broad-based selling in the utilities and consumer discretionary sectors, which offset modest gains in the communications group.
73, down 0.19%. The cumulative weekly decline capped a period of sustained selling interest across multiple sectors, including real estate and financials.
The session marks a continuation of recent pressure on the benchmark index.
Over the preceding trading week, Sri Lankan equities had already recorded four consecutive sessions of losses, with the index closing Friday at 22,178.73, down 0.19%.
The cumulative weekly decline capped a period of sustained selling interest across multiple sectors, including real estate and financials.
Reuters reported that losses in utilities and consumer discretionary stocks were the primary drivers of Tuesday's slide.