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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.81%

Published 06/27/2016, 06:45 AM
Updated 06/27/2016, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.81%

© Reuters. Sri Lanka stocks lower at close of trade; CSE All-Share down 0.81%

Investing.com – Sri Lanka stocks were lower after the close on Monday, as losses in the Palm Oil, Footwear & Textile and Telecoms sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.81% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were Tea Smallholder Factories PLC (CM:TSML), which rose 10.32% or 2.60 points to trade at 27.80 at the close. Meanwhile, Mackwoods Energy PLC (CM:MWEL) added 10.00% or 0.300 points to end at 3.300 and Lucky Lanka Milk Processing Company Ltd (CM:LLMP) was up 8.33% or 0.300 points to 3.900 in late trade.

The worst performers of the session were Central Investments and Finance PLC (CM:CIFL), which fell 20.00% or 0.100 points to trade at 0.400 at the close. Amana Takaful PLC (CM:ATL) declined 12.90% or 0.130 points to end at 0.900 and Bukit Darah PLC (CM:BUKI) was down 9.97% or 34.90 points to 315.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 132 to 38 and 40 ended unchanged.

Shares in Central Investments and Finance PLC (CM:CIFL) fell to all time lows; down 20.00% or 0.100 to 0.400. Shares in Amana Takaful PLC (CM:ATL) fell to 5-year lows; falling 12.90% or 0.130 to 0.900. Shares in Bukit Darah PLC (CM:BUKI) fell to 5-year lows; down 9.97% or 34.90 to 315.00.

Crude oil for August delivery was down 0.59% or 0.28 to $47.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.57% or 0.28 to hit $48.76 a barrel, while the August Gold contract rose 0.76% or 10.05 to trade at $1332.45 a troy ounce.

GBP/LKR was down 2.13% to 197.265, while USD/LKR fell 0.14% to 147.120.

The US Dollar Index was up 0.88% at 96.47.

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