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Sri Lanka shares lower at close of trade; CSE All-Share down 0.08%

Published 24/07/2017, 11:45
© Reuters.  Sri Lanka shares lower at close of trade; CSE All-Share down 0.08%

Investing.com – Sri Lanka equities were lower at the close on Monday, as losses in the Footwear & Textile, Trading and Services sectors propelled shares lower.

At the close in Colombo, the CSE All-Share declined 0.08% to hit a new 1-month low.

The biggest gainers of the session on the CSE All-Share were Samson International PLC (CM:SIL), which rose 23.05% or 21.90 points to trade at 116.90 at the close. Capital Alliance Finance PLC (CM:CAFL) added 16.00% or 2.00 points to end at 14.50 and Tea Smallholder Factories PLC (CM:TSML) was up 11.11% or 4.00 points to 40.00 in late trade.

Biggest losers included Indo Malay PLC (CM:INDO), which lost 24.80% or 354.50 points to trade at 1075.10 in late trade. Paragon Ceylon PLC (CM:PARA) declined 22.91% or 17.30 points to end at 58.20 and Serendib Land PLC (CM:SLND) shed 19.01% or 281.70 points to 1200.00.

Declining stocks outnumbered rising ones by 112 to 67 and 62 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.11% or 0.51 to $46.28 a barrel. Meanwhile, Brent oil for delivery in September rose 1.37% or 0.66 to hit $48.72 a barrel, while the August Gold Futures contract rose 0.12% or 1.54 to trade at $1256.44 a troy ounce.

GBP/LKR was up 0.48% to 200.190, while USD/LKR fell 0.03% to 153.610.

The US Dollar Index Futures was down 0.03% at 93.75.

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