Sri Lanka Stocks Lower At Close Of Trade; CSE All-Share Down 0.22%

December 09, 2016

Sri Lanka stocks were lower after the close on Friday, as losses in the Information Technology, Construction & Engineering and Power & Energy sectors led shares lower according to Investing.com.

At the close in Colombo, the CSE All-Share declined 0.22%.

The best performers of the session on the CSE All-Share were Singer Industries PLC (CM:SINI), which rose 19.52% or 28.40 points to trade at 173.90 at the close. Meanwhile, Abans Finance PLC (CM:AFSL) added 9.17% or 3.10 points to end at 36.90 and Beruwala Resorts PLC (CM:BERU) was up 9.09% or 0.100 points to 1.200 in late trade.

The worst performers of the session were Serendib Land PLC (CM:SLND), which fell 15.73% or 261.30 points to trade at 1399.90 at the close. F L C Holdings PLC (CM:FREE) declined 8.33% or 0.100 points to end at 1.100 and Lanka Ashok Leyland PLC (CM:ASHO) was down 6.67% or 80.00 points to 1120.00.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 70 to 58 and 55 ended unchanged.

Shares in F L C Holdings PLC (CM:FREE) fell to all time lows; falling 8.33% or 0.100 to 1.100.

Crude oil for January delivery was up 0.87% or 0.44 to $51.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.61% or 0.33 to hit $54.22 a barrel, while the February Gold contract fell 0.12% or 1.45 to trade at $1170.95 a troy ounce.

GBP/LKR was up 0.76% to 190.120, while USD/LKR rose 1.59% to 151.085.

The US Dollar Index was up 0.04% at 101.15.