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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.10%

Published 01/11/2018, 05:45 AM
Updated 01/11/2018, 05:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.10%

Investing.com – Sri Lanka stocks were lower after the close on Thursday, as losses in the Information Technology, Plantations and Motors sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.10%.

The best performers of the session on the CSE All-Share were PCH Holdings PLC (CM:PCHH), which rose 40.00% or 0.200 points to trade at 0.700 at the close. Meanwhile, Nuwara Eliya Hotels Co PLC (CM:NEH) added 20.12% or 217.40 points to end at 1298.00 and Convenience Foods (Lanka) PLC (CM:SOY) was up 15.32% or 49.80 points to 374.80 in late trade.

The worst performers of the session were Adam Investments Ltd (CM:ADAM), which fell 33.33% or 0.100 points to trade at 0.200 at the close. Ceylinco Insurance PLC (CM:CINS) declined 12.32% or 196.70 points to end at 1400.10 and Sigiriya Village Hotels PLC (CM:SIGV) was down 10.91% or 4.90 points to 40.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 83 to 71 and 51 ended unchanged.

Shares in Adam Investments Ltd (CM:ADAM) fell to all time lows; down 33.33% or 0.100 to 0.200. Shares in Sigiriya Village Hotels PLC (CM:SIGV) fell to 5-year lows; losing 10.91% or 4.90 to 40.00.

Crude oil for February delivery was up 0.64% or 0.41 to $63.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.40% or 0.28 to hit $69.48 a barrel, while the February Gold Futures contract rose 0.03% or 0.40 to trade at $1319.70 a troy ounce.

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GBP/LKR was down 0.16% to 207.465, while USD/LKR fell 0.02% to 153.760.

The US Dollar Index Futures was up 0.07% at 92.17.

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