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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.06%

Published 04/04/2016, 06:45 AM
Updated 04/04/2016, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.06%

Investing.com – Sri Lanka stocks were lower after the close on Monday, as losses in the Diversified Holdings, Chemicals & Pharmaceuticals and Plantations sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.06%.

The best performers of the session on the CSE All-Share were PCH Holdings PLC (CM:PCHH), which rose 20.00% or 0.20 points to trade at 1.20 at the close. Meanwhile, Central Investments and Finance PLC (CM:CIFL) added 16.67% or 0.100 points to end at 0.700 and Talawakelle Tea Estate PLC (CM:TPL) was up 13.85% or 4.50 points to 37.00 in late trade.

The worst performers of the session were Kalamazoo Systems PLC (CM:KZOO), which fell 24.81% or 645.10 points to trade at 1955.00 at the close. Udapussellawa Plantations PLC (CM:UDPL) declined 22.00% or 4.40 points to end at 15.60 and Lanka Ashok Leyland PLC (CM:ASHO) was down 19.72% or 298.40 points to 1215.00.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 94 to 65 and 48 ended unchanged.

Shares in Udapussellawa Plantations PLC (CM:UDPL) fell to 3-years lows; losing 22.00% or 4.40 to 15.60.

Crude oil for May delivery was down 0.38% or 0.14 to $36.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.21% or 0.08 to hit $38.59 a barrel, while the June Gold contract fell 0.46% or 5.60 to trade at $1217.90 a troy ounce.

GBP/LKR was down 0.28% to 208.320, while USD/LKR rose 0.10% to 146.430.

The US Dollar Index was up 0.23% at 94.80.

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