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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.80%

Published 11/21/2016, 05:45 AM
Updated 11/21/2016, 05:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.80%

© Reuters. Sri Lanka stocks lower at close of trade; CSE All-Share down 0.80%

Investing.com – Sri Lanka stocks were lower after the close on Monday, as losses in the Healthcare, Investment Trust and Construction & Engineering sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.80% to hit a new 3-months low.

The best performers of the session on the CSE All-Share were Radiant Gems International PLC (CM:RGEM), which rose 14.89% or 3.50 points to trade at 27.00 at the close. Meanwhile, Ceylon Beverage Holdings PLC (CM:BREW) added 13.33% or 80.00 points to end at 680.00 and Multi Finance PLC (CM:MULT) was up 12.58% or 1.90 points to 17.00 in late trade.

The worst performers of the session were Alliance Finance Company PLC (CM:ALLI), which fell 91.02% or 709.48 points to trade at 70.00 at the close. SMB Leasing PLC (CM:SEMB) declined 12.50% or 0.1000 points to end at 0.7000 and Hikkaduwa Beach Resort Ltd (CM:CITH) was down 11.59% or 1.60 points to 12.20.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 137 to 36 and 47 ended unchanged.

Shares in Alliance Finance Company PLC (CM:ALLI) fell to 5-year lows; down 91.02% or 709.48 to 70.00.

Crude oil for January delivery was up 1.94% or 0.90 to $47.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.92% or 0.90 to hit $47.76 a barrel, while the December Gold contract rose 0.53% or 6.45 to trade at $1215.15 a troy ounce.

GBP/LKR was down 0.12% to 183.910, while USD/LKR rose 0.24% to 148.925.

The US Dollar Index was down 0.35% at 101.05.

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