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

Published 12/08/2017, 05:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.12%
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Investing.com – Sri Lanka stocks were lower after the close on Friday, as losses in the Footwear & Textile, Information Technology and Investment Trust sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.12% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were People’s Merchant Finance PLC (CM:PMB), which rose 18.70% or 2.30 points to trade at 14.60 at the close. Meanwhile, Hikkaduwa Beach Resort Ltd (CM:CITH) added 16.81% or 1.90 points to end at 13.20 and Mercantile Shipping Company PLC (CM:MSL) was up 15.38% or 8.00 points to 60.00 in late trade.

The worst performers of the session were Good Hope PLC (CM:GOOD), which fell 23.87% or 370.00 points to trade at 1180.00 at the close. Kandy Hotels Company (1938) PLC (CM:KHC) declined 10.53% or 0.60 points to end at 5.10 and Blue Diamonds Jewellery Worldwide PLC (CM:BLUE) was down 10.00% or 0.100 points to 0.900.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 82 to 64 and 51 ended unchanged.

Shares in Good Hope PLC (CM:GOOD) fell to 52-week lows; falling 23.87% or 370.00 to 1180.00.

Crude oil for January delivery was up 0.71% or 0.40 to $57.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.69% or 0.43 to hit $62.63 a barrel, while the February Gold Futures contract fell 0.44% or 5.50 to trade at $1247.60 a troy ounce.

GBP/LKR was up 0.27% to 206.560, while USD/LKR fell 0.07% to 153.290.

The US Dollar Index Futures was up 0.26% at 93.99.

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