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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.12%

Published 07/16/2018, 06:45 AM
Updated 07/16/2018, 06:50 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.12%
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CSEBF
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Investing.com – Sri Lanka stocks were lower after the close on Monday, as losses in the Information Technology, Telecoms and Banking, Financials & Insurance sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.12%.

The best performers of the session on the CSE All-Share were PCH Holdings PLC (CM:PCHH), which rose 40.00% or 0.200 points to trade at 0.700 at the close. Meanwhile, Amana Takaful PLC (CM:ATL) added 28.57% or 0.200 points to end at 0.900 and Associated Motor Finance Company PLC (CM:ASSO) was up 24.88% or 99.50 points to 499.50 in late trade.

The worst performers of the session were Blue Diamonds Jewellery Worldwide PLC (CM:BLUE), which fell 14.29% or 0.100 points to trade at 0.600 at the close. Shalimar Estates (CM:SHAL) declined 11.86% or 177.60 points to end at 1320.00 and Agstar PLC (CM:AGST) was down 10.26% or 0.40 points to 3.50.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 85 to 70 and 58 ended unchanged.

Shares in Blue Diamonds Jewellery Worldwide PLC (CM:BLUE) fell to all time lows; losing 14.29% or 0.100 to 0.600. Shares in Associated Motor Finance Company PLC (CM:ASSO) rose to 52-week highs; up 24.88% or 99.50 to 499.50.

Crude oil for September delivery was down 1.83% or 1.28 to $68.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.99% or 1.50 to hit $73.83 a barrel, while the August Gold Futures contract rose 0.21% or 2.60 to trade at $1243.80 a troy ounce.

GBP/LKR was up 0.56% to 212.030, while USD/LKR rose 0.19% to 159.860.

The US Dollar Index Futures was down 0.17% at 94.28.

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