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Sri Lanka stocks lower at close of trade; CSE All-Share down 0.71%

Published 06/19/2018, 06:45 AM
© Reuters.  Sri Lanka stocks lower at close of trade; CSE All-Share down 0.71%
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Investing.com – Sri Lanka stocks were lower after the close on Tuesday, as losses in the Footwear & Textile, Trading and Power & Energy sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.71% to hit a new 52-week low.

The best performers of the session on the CSE All-Share were Union Chemicals Lanka PLC (CM:UCHE), which rose 12.97% or 51.90 points to trade at 451.90 at the close. Meanwhile, Property Development PLC (CM:PDL) added 12.63% or 12.90 points to end at 115.00 and Amana Takaful PLC (CM:ATL) was up 12.50% or 0.100 points to 0.900 in late trade.

The worst performers of the session were PCH Holdings PLC (CM:PCHH), which fell 16.67% or 0.100 points to trade at 0.500 at the close. Nanda Investments and Finance PLC (CM:NAND) declined 13.79% or 5.60 points to end at 35.00 and Central Industries PLC (CM:CIND) was down 13.52% or 4.80 points to 30.70.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 103 to 71 and 65 ended unchanged.

Shares in PCH Holdings PLC (CM:PCHH) fell to all time lows; down 16.67% or 0.100 to 0.500. Shares in Central Industries PLC (CM:CIND) fell to 5-year lows; falling 13.52% or 4.80 to 30.70.

Crude oil for August delivery was down 1.35% or 0.89 to $64.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.65% or 0.49 to hit $74.85 a barrel, while the August Gold Futures contract rose 0.13% or 1.70 to trade at $1281.80 a troy ounce.

GBP/LKR was down 0.63% to 210.465, while USD/LKR rose 0.01% to 159.910.

The US Dollar Index Futures was up 0.46% at 94.84.

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