Sri Lanka stocks near 1-month low; rupee weaker

COLOMBO, Oct 10 (Reuters) - Sri Lankan stocks fell for thethird straight session on Wednesday to hit a near one-month lowin low trade, dealers said, while the rupee ended weaker onimporter dollar demand.

The Colombo Stock Exchange's main index ended 1.04percent, or 60.80 points, weaker at 5,772.52, its lowest levelsince Sept. 13.

Turnover was 398 million Sri Lanka rupees ($3.10 million),well below this year's daily average of 952 million rupees.

The bourse saw a net foreign inflow of 96.7 million rupees,extending the net foreign inflow so far this year to 32.48billion rupees.

Brokers also said the introduction this week of easedregulations by the Securities and Exchange Commission had littleeffect on trading.

On Wednesday, t-bill rates fell to an 8-month low with thebench mark 91-day T-bill rates falling by 37 basis points to10.63 percent at auction.

The rupee closed weaker at 128.45/55 to the dollar comparedwith Tuesday's close of 128.25/35, on importer dollar demand,dealers said.($1 = 128.3250 Sri Lanka rupees)

(Reporting by Ranga Sirilal; Editing by Ron Popeski)


Messaging: ranga.sirilal.thomsonreuters.com@reuters.net))


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