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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.14%

Published 08/17/2017, 06:45 AM
Updated 08/17/2017, 06:50 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.14%
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Investing.com – Sri Lanka stocks were lower after the close on Thursday, as losses in the Plantations, Trading and Palm Oil sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.14% to hit a new 3-months low.

The best performers of the session on the CSE All-Share were Tangerine Beach Hotels PLC (CM:TANG), which rose 10.56% or 5.70 points to trade at 59.70 at the close. Meanwhile, Renuka Holdings PLC (CM:RHL) added 9.96% or 2.40 points to end at 26.50 and Convenience Foods (Lanka) PLC (CM:SOY) was up 8.45% or 27.90 points to 357.90 in late trade.

The worst performers of the session were Ceylon Printers PLC (CM:CPRT), which fell 22.34% or 18.70 points to trade at 65.00 at the close. Serendib Land PLC (CM:SLND) declined 21.91% or 324.60 points to end at 1157.10 and Union Chemicals Lanka PLC (CM:UCHE) was down 14.00% or 70.00 points to 430.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 100 to 77 and 65 ended unchanged.

Shares in Union Chemicals Lanka PLC (CM:UCHE) fell to 3-years lows; losing 14.00% or 70.00 to 430.00.

Crude oil for September delivery was down 0.17% or 0.08 to $46.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.02% or 0.01 to hit $50.26 a barrel, while the December Gold Futures contract rose 0.58% or 7.46 to trade at $1290.36 a troy ounce.

GBP/LKR was up 0.09% to 197.205, while USD/LKR rose 0.06% to 153.310.

The US Dollar Index Futures was up 0.43% at 93.81.

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