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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.44%

Published 06/24/2016, 06:45 AM
Updated 06/24/2016, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.44%

Investing.com – Sri Lanka stocks were lower after the close on Friday, as losses in the Information Technology, Healthcare and Manufacturing sectors led shares lower.

At the close in Colombo, the CSE All-Share fell 0.44% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were Singer Industries PLC (CM:SINI), which rose 14.71% or 25.00 points to trade at 195.00 at the close. Meanwhile, Lake House Printers and Publishers PLC (CM:LPRT) added 13.21% or 14.00 points to end at 120.00 and Ceylon Printers PLC (CM:CPRT) was up 10.22% or 10.20 points to 110.00 in late trade.

The worst performers of the session were Tea Smallholder Factories PLC (CM:TSML), which fell 10.36% or 2.90 points to trade at 25.10 at the close. Kelani Valley Plantations PLC (CM:KVAL) declined 10.03% or 6.20 points to end at 55.60 and Lanka Aluminium Industries PLC (CM:LALU) was down 6.40% or 5.50 points to 80.50.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 105 to 56 and 52 ended unchanged.

Crude oil for August delivery was down 4.77% or 2.39 to $47.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 4.91% or 2.50 to hit $48.41 a barrel, while the August Gold contract rose 5.22% or 65.90 to trade at $1329.00 a troy ounce.

GBP/LKR was down 1.38% to 215.750, while USD/LKR rose 0.52% to 147.830.

The US Dollar Index was up 2.73% at 95.88.

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