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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.91%

Published 09/07/2015, 06:45 AM
Updated 09/07/2015, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.91%

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

At the close in Colombo, the CSE All-Share declined 0.91% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were Central Investments and Finance PLC (CM:CIFL), which rose 12.50% or 0.100 points to trade at 0.900 at the close. Meanwhile, PC Pharma PLC (CM:PCPH) added 12.50% or 0.10 points to end at 0.80 and Hapugastenne Plantations PLC (CM:HAPU) was up 12.45% or 3.30 points to 29.80 in late trade.

The worst performers of the session were Shalimar Estates (CM:SHAL), which fell 23.27% or 529.50 points to trade at 1745.50 at the close. Tangerine Beach Hotels PLC (CM:TANG) declined 18.22% or 15.60 points to end at 70.00 and Kalamazoo Systems PLC (CM:KZOO) was down 16.19% or 294.70 points to 1525.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 191 to 52 and 8 ended unchanged.

Shares in PC Pharma PLC (CM:PCPH) rose to 52-week lows; rising 12.50% or 0.10 to 0.80.

Crude oil for October delivery was down 1.37% or 0.63 to $45.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.31% or 0.65 to hit $48.96 a barrel, while the December Gold contract fell 0.08% or 0.90 to trade at $1120.50 a troy ounce.

GBP/LKR was down 0.40% to 209.305, while USD/LKR fell 0.11% to 137.860.

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The US Dollar Index was down 0.02% at 96.23.

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