Sri Lankan shares ended lower on Tuesday, dragged down by losses in industrial and consumer staples stocks.

The CSE All Share Index closed 0.57% lower at 7,119.7.

Conglomerate LOLC and Ceylon Cold Stores were the top two drags on the index.

Trading volume climbed to 83.2 million from 31.5 million in the previous session.

Foreign investors were net sellers, offloading 101.3 million Sri Lankan rupees ($511,616.16) worth of shares, according to exchange data.

Equity market turnover was 1.23 billion rupees, exchange data showed.

The Sri Lankan rupee was quoted at 198 against the dollar as of 1035 GMT, according to Refinitiv data.