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Sri Lanka shares lower at close of trade; CSE All-Share down 0.09%

Published 2016-07-27, 06:45 a/m
© Reuters.  Sri Lanka shares lower at close of trade; CSE All-Share down 0.09%
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Investing.com – Sri Lanka equities were lower at the close on Wednesday, as losses in the Palm Oil, Telecoms and Diversified Holdings sectors propelled shares lower.

At the close in Colombo, the CSE All-Share declined 0.09%.

The biggest gainers of the session on the CSE All-Share were Ceylon Beverage Holdings PLC (CM:BREW), which rose 16.31% or 98.00 points to trade at 699.00 at the close. SMB Leasing PLC (CM:SEMB) added 14.29% or 0.1000 points to end at 0.8000 and Multi Finance PLC (CM:MULT) was up 11.97% or 1.70 points to 15.90 in late trade.

Biggest losers included Sinhaputhra Finance PLC (CM:SFL), which lost 8.28% or 1.40 points to trade at 15.50 in late trade. Muller & Phipps PLC (CM:MULL) declined 7.69% or 0.100 points to end at 1.200 and Tea Smallholder Factories PLC (CM:TSML) shed 7.41% or 2.00 points to 25.00.

Advancing stocks outnumbered falling ones by 101 to 70 and 42 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.65% or 0.28 to $42.64 a barrel. Meanwhile, Brent oil for delivery in October fell 1.02% or 0.46 to hit $44.77 a barrel, while the December Gold contract fell 0.02% or 0.25 to trade at $1328.05 a troy ounce.

GBP/LKR was down 0.38% to 190.870, while USD/LKR fell 0.19% to 145.780.

The US Dollar Index was up 0.09% at 97.26.

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