Sri Lanka stocks lower at close of trade; CSE All-Share down 0.53%

Sri Lanka stocks lower at close of trade; CSE All-Share down 0.53%

Aug 17, 2018

Sri Lanka stocks were lower after the close on Friday, as losses in the Beverages&Tobacco, Hotels&Travel and Construction&Engineering sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.53% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were SMB Leasing PLC (CM:SEMB), which unchanged 0.00% or 0.0000 points to trade at 0.5000 at the close. Meanwhile, Blue Diamonds Jewellery Worldwide PLC (CM:BLUE) added 20.00% or 0.100 points to end at 0.600 and Printcare PLC (CM:CARE) was up 15.00% or 3.90 points to 29.90 in late trade.

The worst performers of the session were Adam Investments Ltd (CM:ADAM), which fell 50.00% or 0.100 points to trade at 0.100 at the close. Amana Takaful Life Ltd (CM:ANTK) declined 23.88% or 3.20 points to end at 10.20 and Kelsey Developments PLC (CM:KDL) was down 17.74% or 5.50 points to 25.50.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 90 to 69 and 55 ended unchanged.

Shares in Adam Investments Ltd (CM:ADAM) fell to all time lows; down 50.00% or 0.100 to 0.100. Shares in Kelsey Developments PLC (CM:KDL) fell to 3-years lows; down 17.74% or 5.50 to 25.50.

Crude oil for September delivery was up 0.57% or 0.37 to $65.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.06% or 0.76 to hit $72.19 a barrel, while the December Gold Futures contract unchanged 0.00% or 0.00 to trade at $1184.00 a troy ounce.

GBP/LKR was down 0.08% to 203.985, while USD/LKR rose 0.03% to 160.540.

The US Dollar Index Futures was down 0.07% at 96.41.

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