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Sri Lanka shares lower at close of trade; CSE All-Share down 0.22%

Published 04/04/2018, 11:45
Updated 04/04/2018, 11:50
© Reuters.  Sri Lanka shares lower at close of trade; CSE All-Share down 0.22%
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Investing.com – Sri Lanka equities were lower at the close on Wednesday, as losses in the Stores & Supplies, Beverages & Tobacco and Chemicals & Pharmaceuticals sectors propelled shares lower.

At the close in Colombo, the CSE All-Share declined 0.22%.

The biggest gainers of the session on the CSE All-Share were Kelsey Developments PLC (CM:KDL), which rose 24.85% or 8.20 points to trade at 41.20 at the close. People’s Merchant Finance PLC (CM:PMB) added 16.36% or 1.80 points to end at 12.80 and Blue Diamonds Jewellery Worldwide PLC (CM:BLUE) was up 12.50% or 0.100 points to 0.900 in late trade.

Biggest losers included Nuwara Eliya Hotels Co PLC (CM:NEH), which lost 18.29% or 246.30 points to trade at 1100.50 in late trade. Hunter & Company PLC (CM:HUNT) declined 17.13% or 84.80 points to end at 410.20 and Distilleries Company of Sri Lanka PLC (CM:DIST) shed 14.46% or 3.60 points to 21.30.

Advancing stocks outnumbered falling ones by 111 to 53 and 56 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for May delivery was down 1.79% or 1.14 to $62.37 a barrel. Meanwhile, Brent oil for delivery in June fell 1.73% or 1.18 to hit $66.94 a barrel, while the June Gold Futures contract rose 0.70% or 9.30 to trade at $1346.60 a troy ounce.

GBP/LKR was up 0.22% to 219.650, while USD/LKR rose 0.11% to 155.980.

The US Dollar Index Futures was down 0.06% at 89.80.

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