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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.59%

Published 07/19/2017, 06:45 AM
Updated 07/19/2017, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.59%

Investing.com – Sri Lanka stocks were lower after the close on Wednesday, as losses in the Information Technology, Trading and Telecoms sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.59%.

The best performers of the session on the CSE All-Share were PCH Holdings PLC (CM:PCHH), which rose 20.00% or 0.200 points to trade at 1.200 at the close. Meanwhile, SMB Leasing PLC (CM:SEMB) added 14.29% or 0.1000 points to end at 0.8000 and Colombo Investment Trust PLC (CM:CIT) was up 12.36% or 11.00 points to 100.00 in late trade.

The worst performers of the session were PC House PLC (CM:PCHO), which fell 50.00% or 0.100 points to trade at 0.100 at the close. Swadeshi Industrial Works PLC (CM:SWAD) declined 24.81% or 3350.00 points to end at 10150.00 and Indo Malay PLC (CM:INDO) was down 12.21% or 174.60 points to 1255.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 107 to 64 and 64 ended unchanged.

Shares in PC House PLC (CM:PCHO) fell to all time lows; losing 50.00% or 0.100 to 0.100.

Crude oil for August delivery was up 0.34% or 0.16 to $46.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.51% or 0.25 to hit $49.09 a barrel, while the August Gold Futures contract fell 0.25% or 3.07 to trade at $1238.83 a troy ounce.

GBP/LKR was up 0.04% to 200.405, while USD/LKR unchanged 0.00% to 153.790.

The US Dollar Index Futures was up 0.11% at 94.55.

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