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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.13%

Published 01/31/2017, 05:45 AM
Updated 01/31/2017, 05:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.13%

Investing.com – Sri Lanka stocks were lower after the close on Tuesday, as losses in the Motors, Investment Trust and Chemicals & Pharmaceuticals sectors led shares lower.

At the close in Colombo, the CSE All-Share lost 0.13%.

The best performers of the session on the CSE All-Share were Indo Malay PLC (CM:INDO), which rose 11.84% or 169.30 points to trade at 1598.90 at the close. Meanwhile, Cargo Boat Development Company PLC (CM:CABO) added 10.34% or 8.70 points to end at 92.80 and Industrial Asphalts (Ceylon) PLC (CM:ASPH) was up 9.93% or 29.80 points to 329.90 in late trade.

The worst performers of the session were EB Creasy and Company PLC (CM:EBCR), which fell 20.00% or 250.00 points to trade at 1000.00 at the close. Harischandra Mills PLC (CM:HARI) declined 13.99% or 349.80 points to end at 2150.20 and Swarnamahal Financial Services PLC (CM:SWAR) was down 10.00% or 0.100 points to 0.900.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 99 to 65 and 56 ended unchanged.

Shares in Harischandra Mills PLC (CM:HARI) fell to 52-week lows; down 13.99% or 349.80 to 2150.20. Shares in Swarnamahal Financial Services PLC (CM:SWAR) fell to all time lows; down 10.00% or 0.100 to 0.900.

Crude oil for March delivery was down 0.36% or 0.19 to $52.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.04% or 0.02 to hit $55.30 a barrel, while the April Gold Futures contract rose 0.39% or 4.65 to trade at $1200.65 a troy ounce.

GBP/LKR was down 0.42% to 186.735, while USD/LKR fell 0.05% to 150.220.

The US Dollar Index Futures was down 0.03% at 100.39.

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