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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.36%

Published 03/27/2017, 06:45 AM
Updated 03/27/2017, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.36%

Investing.com – Sri Lanka stocks were lower after the close on Monday, as losses in the Information Technology, Land & Property and Diversified Holdings sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.36% to hit a new 52-week low.

The best performers of the session on the CSE All-Share were Kelsey Developments PLC (CM:KDL), which rose 20.10% or 7.70 points to trade at 46.00 at the close. Meanwhile, Adam Investments Ltd (CM:ADAM) added 20.00% or 0.100 points to end at 0.600 and Ceylon Printers PLC (CM:CPRT) was up 15.80% or 7.90 points to 57.90 in late trade.

The worst performers of the session were PC Pharma PLC (CM:PCPH), which fell 50.00% or 0.2000 points to trade at 0.2000 at the close. SMB Leasing PLC (CM:SEMB) declined 20.00% or 0.1000 points to end at 0.4000 and Serendib Land PLC (CM:SLND) was down 18.67% or 310.20 points to 1351.00.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 93 to 74 and 63 ended unchanged.

Shares in PC Pharma PLC (CM:PCPH) fell to all time lows; losing 50.00% or 0.2000 to 0.2000. Shares in SMB Leasing PLC (CM:SEMB) fell to 5-year lows; falling 20.00% or 0.1000 to 0.4000.

Crude oil for May delivery was down 0.75% or 0.36 to $47.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.51% or 0.26 to hit $50.66 a barrel, while the April Gold Futures contract rose 0.70% or 8.75 to trade at $1257.25 a troy ounce.

GBP/LKR was up 0.89% to 191.295, while USD/LKR rose 0.15% to 151.990.

The US Dollar Index Futures was down 0.65% at 98.94.

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