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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.45%

Published 03/07/2018, 05:45 AM
Updated 03/07/2018, 05:50 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.45%
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Investing.com – Sri Lanka stocks were lower after the close on Wednesday, as losses in the Healthcare, Construction & Engineering and Banking, Financials & Insurance sectors led shares lower.

At the close in Colombo, the CSE All-Share lost 0.45% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were J L Morison Sons & Jones (Ceylon) PLC (CM:MORI), which rose 18.80% or 99.70 points to trade at 630.00 at the close. Meanwhile, Hunter & Company PLC (CM:HUNT) added 18.43% or 73.90 points to end at 474.90 and Lake House Printers and Publishers PLC (CM:LPRT) was up 12.21% or 16.00 points to 147.00 in late trade.

The worst performers of the session were PCH Holdings PLC (CM:PCHH), which fell 14.29% or 0.100 points to trade at 0.600 at the close. Lucky Lanka Milk Processing Company Ltd (CM:LLMP) declined 11.11% or 0.200 points to end at 1.600 and Nanda Investments and Finance PLC (CM:NAND) was down 10.92% or 3.80 points to 31.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 105 to 76 and 48 ended unchanged.

Shares in J L Morison Sons & Jones (Ceylon) PLC (CM:MORI) rose to all time highs; up 18.80% or 99.70 to 630.00. Shares in Lucky Lanka Milk Processing Company Ltd (CM:LLMP) fell to all time lows; falling 11.11% or 0.200 to 1.600.

Crude oil for April delivery was down 0.59% or 0.37 to $62.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.67% or 0.44 to hit $65.35 a barrel, while the April Gold Futures contract fell 0.09% or 1.20 to trade at $1334.00 a troy ounce.

GBP/LKR was up 0.16% to 215.705, while USD/LKR rose 0.18% to 155.370.

The US Dollar Index Futures was down 0.18% at 89.40.

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