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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.02%

Published 01/18/2017, 05:45 AM
Updated 01/18/2017, 05:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.02%

Investing.com – Sri Lanka stocks were lower after the close on Wednesday, as losses in the Power & Energy, Trading and Investment Trust sectors led shares lower.

At the close in Colombo, the CSE All-Share fell 0.02%.

The best performers of the session on the CSE All-Share were Indo Malay PLC (CM:INDO), which rose 15.41% or 220.30 points to trade at 1649.90 at the close. Meanwhile, Royal Palms Beach Hotels PLC (CM:RPBH) added 14.35% or 3.30 points to end at 26.30 and Adam Investments Ltd (CM:ADAM) was up 11.11% or 0.100 points to 1.000 in late trade.

The worst performers of the session were SMB Leasing PLC (CM:SEMB), which fell 14.29% or 0.1000 points to trade at 0.6000 at the close. ACME Printing and Packaging PLC (CM:ACME) declined 7.81% or 0.50 points to end at 5.90 and Colombo City Holdings PLC (CM:PHAR) was down 7.50% or 66.00 points to 814.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 73 to 68 and 54 ended unchanged.

Shares in SMB Leasing PLC (CM:SEMB) fell to 5-year lows; falling 14.29% or 0.1000 to 0.6000.

Crude oil for February delivery was down 1.51% or 0.79 to $51.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.44% or 0.80 to hit $54.67 a barrel, while the February Gold contract fell 0.08% or 0.95 to trade at $1211.95 a troy ounce.

GBP/LKR was down 0.68% to 184.575, while USD/LKR fell 0.09% to 149.930.

The US Dollar Index was up 0.41% at 100.67.

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