COLOMBO, July 5 (Reuters) - Sri Lankan shares rose on Tuesday, recovering from a near three-month closing low hit in the previous session, as investors picked up battered stocks such as John Keells Holdings Plc.

However, the gain was capped as worries about a capital gains tax on equities and rising interest rates weighed on sentiment.

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The benchmark Colombo stock index ended 0.41 percent higher at 6,280.39, after posting its lowest close since April 7 on Monday. It lost 1.3 percent last week, posting its third straight weekly loss.

Shares have been on a downward trend recently with comments from a minister last week about the imposition of a capital gains tax on equities dampening sentiment which was already hit by high interest rates and policy uncertainty.

Turnover was 254.7 million rupees ($1.74 million) on Tuesday, well below this year's daily average of 731.9 million rupees.

Overseas funds, which have offloaded shares worth a net 6.28 billion rupees so far this year, were net buyers of 23.9 million rupees worth shares on Tuesday.

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Shares of conglomerate John Keells Holdings Plc rose 2.36 percent, while those of Lanka ORIX Leasing Co Plc gained 2.03 percent. ($1 = 146.2500 Sri Lankan rupees) (Reporting by Ranga Sirilal and Shihar Aneez; Editing by Subhranshu Sahu)