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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.12%

Published 06/30/2016, 06:45 AM
Updated 06/30/2016, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.12%

Investing.com – Sri Lanka stocks were lower after the close on Thursday, as losses in the Palm Oil, Motors and Diversified Holdings sectors led shares lower.

At the close in Colombo, the CSE All-Share fell 0.12% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were Amana Takaful PLC (CM:ATL), which rose 33.33% or 0.300 points to trade at 1.200 at the close. Meanwhile, Commercial Development Company PLC (CM:COMD) added 14.60% or 12.10 points to end at 95.00 and East West Properties PLC (CM:EAST) was up 12.88% or 1.70 points to 14.90 in late trade.

The worst performers of the session were Standard Capital PLC (CM:SING), which fell 23.22% or 20.90 points to trade at 69.10 at the close. Kahawatte Plantations PLC (CM:KAHA) declined 16.39% or 6.00 points to end at 30.60 and Paragon Ceylon PLC (CM:PARA) was down 15.34% or 8.90 points to 49.10.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 102 to 80 and 44 ended unchanged.

Shares in Paragon Ceylon PLC (CM:PARA) fell to 5-year lows; falling 15.34% or 8.90 to 49.10.

Crude oil for August delivery was down 1.00% or 0.50 to $49.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.90% or 0.46 to hit $50.86 a barrel, while the August Gold contract fell 0.56% or 7.45 to trade at $1319.45 a troy ounce.

GBP/LKR was down 0.24% to 196.755, while USD/LKR fell 0.25% to 146.285.

The US Dollar Index was down 0.11% at 95.58.

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