Sri Lankan shares hit more than 13-week closing low

COLOMBO: Sri Lankan shares fell for a sixth straight session on Thursday, their lowest close in more than 13 weeks, led by losses in hotels and diversified stocks.
The Colombo stock index fell 0.21 percent to 6,571.48, its lowest close since May 3. The index slipped 1.6 percent in July, but has risen about 6 percent this year as of close of trade on July 31.
Shares of conglomerate John Keells Holdings Plc dropped 0.8 percent, while Trans Asia Hotel Plc fell 4.9 percent and Melstacrop Plc ended 1.67 percent weaker.
"Lack of foreign buying on the big counters dragged (down) the index," said Hussain Gani, deputy CEO of Softlogic Stockbrokers. "Foreigners are looking at the market positively, but the market did not have a spark today to boost sentiment."
Foreign investors net bought shares worth 112.9 million rupees on Thursday, extending their year-to-date net inflow to 26.5 billion rupees.
Turnover stood at 381.4 million rupees ($2.49 million), its lowest since July 26 and well below this year's daily average of around 893.3 million rupees.