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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.95%

Published 09/18/2018, 06:45 AM
Updated 09/18/2018, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.95%

© Reuters. Sri Lanka stocks lower at close of trade; CSE All-Share down 0.95%

Investing.com – Sri Lanka stocks were lower after the close on Tuesday, as losses in the Information Technology, Construction & Engineering and Chemicals & Pharmaceuticals sectors led shares lower.

At the close in Colombo, the CSE All-Share fell 0.95% to hit a new 52-week low.

The best performers of the session on the CSE All-Share were SMB Leasing PLC (CM:SEMB), which rose 25.00% or 0.1000 points to trade at 0.5000 at the close. Meanwhile, Colombo Investment Trust PLC (CM:CIT) added 20.11% or 11.72 points to end at 70.00 and Blue Diamonds Jewellery Worldwide PLC (CM:BLUE) was up 20.00% or 0.100 points to 0.600 in late trade.

The worst performers of the session were Union Chemicals Lanka PLC (CM:UCHE), which fell 22.47% or 89.90 points to trade at 310.10 at the close. Lighthouse Hotel PLC (CM:LHL) declined 12.50% or 4.00 points to end at 28.00 and Nation Lanka Finance PLC (CM:CSF) was down 11.11% or 0.100 points to 0.800.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 134 to 64 and 45 ended unchanged.

Shares in Union Chemicals Lanka PLC (CM:UCHE) fell to 5-year lows; losing 22.47% or 89.90 to 310.10. Shares in Lighthouse Hotel PLC (CM:LHL) fell to 5-year lows; losing 12.50% or 4.00 to 28.00.

Crude oil for November delivery was up 1.08% or 0.74 to $69.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.11% or 0.87 to hit $78.92 a barrel, while the December Gold Futures contract fell 0.12% or 1.40 to trade at $1204.40 a troy ounce.

GBP/LKR was up 0.32% to 217.470, while USD/LKR rose 0.49% to 165.710.

The US Dollar Index Futures was up 0.07% at 94.16.

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