Investing.com – Sri Lanka equities were lower at the close on Wednesday, as losses in the Information Technology, Palm Oil and Trading sectors propelled shares lower.
At the close in Colombo, the CSE All-Share declined 0.35% to hit a new 52-week low.
The biggest gainers of the session on the CSE All-Share were J L Morison Sons & Jones (Ceylon) PLC (CM:MORI), which rose 24.78% or 86.00 points to trade at 433.00 at the close. Royal Palms Beach Hotels PLC (CM:RPBH) added 18.75% or 5.10 points to end at 32.30 and Lucky Lanka Milk Processing Company Ltd (CM:LLMP) was up 15.63% or 0.50 points to 3.70 in late trade.
Biggest losers included PC House PLC (CM:PCHO), which lost 50.00% or 0.100 points to trade at 0.200 in late trade. Huejay International Investments PLC (CM:HUEJ) declined 19.80% or 9.90 points to end at 40.10 and Union Chemicals Lanka PLC (CM:UCHE) shed 16.48% or 98.90 points to 501.10.
Declining stocks outnumbered rising ones by 131 to 106 and 9 ended unchanged on the Colombo Stock Exchange.
In commodities trading, Crude oil for March delivery was down 2.42% or 0.71 to $28.86 a barrel. Meanwhile, Brent oil for delivery in March fell 1.83% or 0.53 to hit $28.23 a barrel, while the February Gold contract rose 0.46% or 5.00 to trade at $1094.10 a troy ounce.
GBP/LKR was down 1.11% to 203.060, while USD/LKR fell 0.49% to 143.275.
The US Dollar Index was down 0.22% at 98.95.