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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.33%

Published 10/17/2018, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.33%
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Investing.com – Sri Lanka stocks were lower after the close on Wednesday, as losses in the Manufacturing, Land & Property and Telecoms sectors led shares lower.

At the close in Colombo, the CSE All-Share fell 0.33%.

The best performers of the session on the CSE All-Share were PCH Holdings PLC (CM:PCHH), which rose 25.00% or 0.100 points to trade at 0.500 at the close. Meanwhile, Sathosa Motors PLC (CM:SMOT) added 20.86% or 86.30 points to end at 500.00 and Tess Agro PLC (CM:TESS) was up 20.00% or 0.100 points to 0.600 in late trade.

The worst performers of the session were Beruwala Resorts PLC (CM:BERU), which fell 14.29% or 0.100 points to trade at 0.600 at the close. Summit Finance PLC (CM:PRIM) declined 11.62% or 2.30 points to end at 17.50 and Lanka Tiles PLC (CM:TILE) was down 10.37% or 9.00 points to 77.80.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 104 to 66 and 48 ended unchanged.

Shares in Beruwala Resorts PLC (CM:BERU) fell to all time lows; losing 14.29% or 0.100 to 0.600. Shares in Sathosa Motors PLC (CM:SMOT) rose to all time highs; rising 20.86% or 86.30 to 500.00. Shares in Tess Agro PLC (CM:TESS) rose to 5-year lows; up 20.00% or 0.100 to 0.600. Shares in Lanka Tiles PLC (CM:TILE) fell to 3-years lows; falling 10.37% or 9.00 to 77.80.

Crude oil for November delivery was down 0.61% or 0.44 to $71.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.43% or 0.35 to hit $81.06 a barrel, while the December Gold Futures contract fell 0.13% or 1.60 to trade at $1229.40 a troy ounce.

GBP/LKR was down 0.49% to 224.595, while USD/LKR rose 0.03% to 170.910.

The US Dollar Index Futures was up 0.15% at 94.92.

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