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Sri Lanka shares lower at close of trade; CSE All-Share down 0.18%

Published 2017-05-15, 06:45 a/m
© Reuters.  Sri Lanka shares lower at close of trade; CSE All-Share down 0.18%

Investing.com – Sri Lanka equities were lower at the close on Monday, as losses in the Information Technology, Power & Energy and Telecoms sectors propelled shares lower.

At the close in Colombo, the CSE All-Share declined 0.18%.

The biggest gainers of the session on the CSE All-Share were Nanda Investments and Finance PLC (CM:NAND), which rose 75.00% or 12.90 points to trade at 30.10 at the close. Udapussellawa Plantations PLC (CM:UDPL) added 32.16% or 7.30 points to end at 30.00 and Kalamazoo Systems PLC (CM:KZOO) was up 25.00% or 312.50 points to 1562.50 in late trade.

Biggest losers included PC Pharma PLC (CM:PCPH), which lost 33.33% or 0.1000 points to trade at 0.2000 in late trade. Lake House Printers and Publishers PLC (CM:LPRT) declined 6.90% or 10.00 points to end at 135.00 and Property Development PLC (CM:PDL) shed 6.87% or 6.20 points to 84.00.

Declining stocks outnumbered rising ones by 95 to 88 and 58 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for June delivery was up 2.76% or 1.32 to $49.16 a barrel. Meanwhile, Brent oil for delivery in July rose 2.68% or 1.36 to hit $52.20 a barrel, while the June Gold Futures contract rose 0.27% or 3.29 to trade at $1230.99 a troy ounce.

GBP/LKR was up 0.30% to 197.145, while USD/LKR fell 0.08% to 152.490.

The US Dollar Index Futures was down 0.25% at 98.80.

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