Sri Lanka stocks lower at close of trade; CSE All-Share down 0.34%

Sri Lanka stocks lower at close of trade; CSE All-Share down 0.34%

Jul 25, 2018

Sri Lanka stocks were lower after the close on Wednesday, as losses in the Services, Motors and Trading sectors led shares lower.

At the close in Colombo, the CSE All-Share fell 0.34%.

The best performers of the session on the CSE All-Share were Adam Investments Ltd (CM:ADAM), which rose 50.00% or 0.100 points to trade at 0.300 at the close. Meanwhile, Bimputh Finance PLC (CM:BIMP) added 14.77% or 4.40 points to end at 34.20 and Asia Asset Finance Ltd (CM:ASAS) was up 10.00% or 0.100 points to 1.100 in late trade.

The worst performers of the session were Sathosa Motors PLC (CM:SMOT), which fell 26.83% or 110.00 points to trade at 300.00 at the close. On’ally Holdings PLC (CM:ONAL) declined 15.38% or 14.60 points to end at 80.30 and Laxapana Batteries PLC (CM:LITE) was down 9.65% or 1.10 points to 10.30.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 89 to 75 and 60 ended unchanged.

Crude oil for September delivery was down 0.23% or 0.16 to $68.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.54% or 0.40 to hit $73.84 a barrel, while the August Gold Futures contract rose 0.42% or 5.10 to trade at $1230.60 a troy ounce.

GBP/LKR was up 0.20% to 209.835, while USD/LKR rose 0.06% to 159.540.

The US Dollar Index Futures was down 0.15% at 94.25.

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