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

Published 03/27/2018, 06:45 AM
Updated 03/27/2018, 06:50 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.13%
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Investing.com – Sri Lanka stocks were lower after the close on Tuesday, as losses in the Plantations, Power & Energy and Services sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.13% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were Swarnamahal Financial Services PLC (CM:SWAR), which rose 23.81% or 0.500 points to trade at 2.600 at the close. Meanwhile, Huejay International Investments PLC (CM:HUEJ) unchanged 0.00% or 0.00 points to end at 47.90 and Tess Agro PLC (CM:TESS) was up 12.50% or 0.100 points to 0.900 in late trade.

The worst performers of the session were Capital Alliance Finance PLC (CM:CAFL), which fell 24.66% or 9.00 points to trade at 27.50 at the close. Standard Capital PLC (CM:SING) declined 21.41% or 10.90 points to end at 40.00 and Swadeshi Industrial Works PLC (CM:SWAD) was 0.00% or 0.00 points to 10500.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 106 to 73 and 59 ended unchanged.

Shares in Swarnamahal Financial Services PLC (CM:SWAR) rose to 3-years highs; gaining 23.81% or 0.500 to 2.600. Shares in Standard Capital PLC (CM:SING) fell to 5-year lows; down 21.41% or 10.90 to 40.00. Shares in Tess Agro PLC (CM:TESS) rose to 5-year lows; up 12.50% or 0.100 to 0.900.

Crude oil for May delivery was up 0.35% or 0.23 to $65.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.33% or 0.23 to hit $69.75 a barrel, while the April Gold Futures contract fell 0.48% or 6.50 to trade at $1348.50 a troy ounce.

GBP/LKR was down 0.83% to 220.390, while USD/LKR unchanged 0.00% to 156.070.

The US Dollar Index Futures was up 0.39% at 88.99.

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