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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.40%

Published 05/21/2018, 06:45 AM
Updated 05/21/2018, 06:50 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.40%
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Investing.com – Sri Lanka stocks were lower after the close on Monday, as losses in the Information Technology, Chemicals & Pharmaceuticals and Manufacturing sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.40%.

The best performers of the session on the CSE All-Share were Adam Investments Ltd (CM:ADAM), which rose 50.00% or 0.100 points to trade at 0.300 at the close. Meanwhile, Lake House Printers and Publishers PLC (CM:LPRT) added 25.00% or 26.90 points to end at 134.50 and George Steuart Finance Ltd (CM:GEOR) was up 18.04% or 3.50 points to 22.90 in late trade.

The worst performers of the session were Nanda Investments and Finance PLC (CM:NAND), which fell 23.08% or 12.00 points to trade at 40.00 at the close. Harischandra Mills PLC (CM:HARI) declined 21.76% or 294.00 points to end at 1057.10 and Trans Asia Hotels PLC (CM:TRAN) was down 15.52% or 12.90 points to 70.20.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 95 to 76 and 51 ended unchanged.

Shares in Trans Asia Hotels PLC (CM:TRAN) fell to 52-week lows; losing 15.52% or 12.90 to 70.20.

Crude oil for July delivery was up 0.27% or 0.19 to $71.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.10% or 0.08 to hit $78.59 a barrel, while the June Gold Futures contract fell 0.57% or 7.30 to trade at $1284.00 a troy ounce.

GBP/LKR was down 0.47% to 211.590, while USD/LKR rose 0.05% to 157.840.

The US Dollar Index Futures was up 0.18% at 93.75.

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