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Sri Lanka shares end higher ahead of presidential election



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BENGALURU, Sept 20 (Reuters) -Sri Lankan shares closed higher on Friday, aided by gains in utilities and communication services stocks.

* The CSE All-Share index .CSE settled up 0.75% at 10,966.51.

* Sri Lanka's sovereign dollar bonds slipped more than 1 cent on Friday in their last trading session before the country's tightly fought presidential election.

* The island nation will be voting for a new president on Saturday with the outcome expected to determine the fate of fragile economic recovery led by incumbent Ranil Wickremesinghe who is facing off with left-leaning rivals.

* Ceylon Beverage Holdings PLC BREW.CM and Pegasus Hotels of Ceylon PLC PEG.CM were the top gainers on the CSE All Share, rising 19.7% and 11.6%, respectively.

* Trading volume on the CSE All-Share index fell to 43.8 million shares from 57.5 million shares in the previous session.

* The equity market's turnover rose to 1.40 billion Sri Lankan rupees ($4.6 million) from 1.23 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers, offloading stocks worth 19.9 million rupees, while domestic investors were net buyers, purchasing shares worth 1.39 billion rupees, the data showed.

* For a report on global markets, click MKTS/GLOB



($1 = 305.0000 Sri Lankan rupees)



Reporting by Ashish Chandra in Bengaluru; Editing by Vijay Kishore

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