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

Published 08/11/2017, 06:45 AM
Updated 08/11/2017, 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 Friday, as losses in the Footwear & Textile, Healthcare and Diversified Holdings sectors led shares lower.

At the close in Colombo, the CSE All-Share lost 0.36% to hit a new 3-months low.

The best performers of the session on the CSE All-Share were PC Pharma PLC (CM:PCPH), which rose 100.00% or 0.1000 points to trade at 0.2000 at the close. Meanwhile, Balangoda Plantations PLC (CM:BALA) added 22.47% or 4.00 points to end at 21.80 and Madulsima Plantations PLC (CM:MADU) was up 19.78% or 1.80 points to 10.90 in late trade.

The worst performers of the session were Adam Investments Ltd (CM:ADAM), which fell 20.00% or 0.100 points to trade at 0.400 at the close. Indo Malay PLC (CM:INDO) declined 12.56% or 179.60 points to end at 1250.00 and SMB Leasing PLC (CM:SEMB) was down 12.50% or 0.1000 points to 0.7000.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 95 to 94 and 58 ended unchanged.

Shares in Adam Investments Ltd (CM:ADAM) fell to all time lows; falling 20.00% or 0.100 to 0.400. Shares in Balangoda Plantations PLC (CM:BALA) rose to 52-week highs; up 22.47% or 4.00 to 21.80. Shares in Madulsima Plantations PLC (CM:MADU) rose to 52-week highs; rising 19.78% or 1.80 to 10.90.

Crude oil for September delivery was down 0.68% or 0.33 to $48.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.54% or 0.28 to hit $51.62 a barrel, while the December Gold Futures contract rose 0.23% or 3.02 to trade at $1293.12 a troy ounce.

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GBP/LKR was down 0.26% to 198.445, while USD/LKR fell 0.13% to 153.100.

The US Dollar Index Futures was up 0.02% at 93.32.

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