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Sri Lanka shares lower at close of trade; CSE All-Share down 0.44%

Published 24/06/2016, 11:45
© Reuters.  Sri Lanka shares lower at close of trade; CSE All-Share down 0.44%
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Investing.com – Sri Lanka equities were lower at the close on Friday, as losses in the Information Technology, Healthcare and Manufacturing sectors propelled shares lower.

At the close in Colombo, the CSE All-Share fell 0.44% to hit a new 1-month low.

The biggest gainers of the session on the CSE All-Share were Singer Industries PLC (CM:SINI), which rose 14.71% or 25.00 points to trade at 195.00 at the close. Lake House Printers and Publishers PLC (CM:LPRT) added 13.21% or 14.00 points to end at 120.00 and Ceylon Printers PLC (CM:CPRT) was up 10.22% or 10.20 points to 110.00 in late trade.

Biggest losers included Tea Smallholder Factories PLC (CM:TSML), which lost 10.36% or 2.90 points to trade at 25.10 in late trade. Kelani Valley Plantations PLC (CM:KVAL) declined 10.03% or 6.20 points to end at 55.60 and Lanka Aluminium Industries PLC (CM:LALU) shed 6.40% or 5.50 points to 80.50.

Declining stocks outnumbered rising ones by 105 to 56 and 52 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for August delivery was down 4.81% or 2.41 to $47.70 a barrel. Meanwhile, Brent oil for delivery in August fell 4.97% or 2.53 to hit $48.38 a barrel, while the August Gold contract rose 5.25% or 66.30 to trade at $1329.40 a troy ounce.

GBP/LKR was down 1.38% to 215.750, while USD/LKR rose 0.52% to 147.830.

The US Dollar Index was up 2.74% at 95.89.

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