Sri Lanka Stocks Lower At Close Of Trade; CSE All-Share Down 0.40%

December 14, 2016

According to Investing.com, Sri Lanka stocks were lower after the close on Wednesday, as losses in the Healthcare, Plantations and Power & Energy sectors led shares lower.

At the close in Colombo, the CSE All-Share lost 0.40%.

The best performers of the session on the CSE All-Share were Industrial Asphalts (Ceylon) PLC (CM:ASPH), which rose 23.64% or 71.90 points to trade at 376.00 at the close. Meanwhile, Singer Industries PLC (CM:SINI) added 18.21% or 26.50 points to end at 172.00 and Pegasus Hotels of Ceylon PLC (CM:PEG) was up 16.72% or 5.30 points to 37.00 in late trade.

The worst performers of the session were Serendib Engineering Group PLC (CM:IDL), which fell 14.29% or 1.10 points to trade at 6.60 at the close. Beruwala Resorts PLC (CM:BERU) declined 8.33% or 0.100 points to end at 1.100 and John Keells PLC (CM:JKL) was down 8.17% or 4.90 points to 55.10.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 95 to 54 and 54 ended unchanged.

Shares in Beruwala Resorts PLC (CM:BERU) fell to all time lows; down 8.33% or 0.100 to 1.100. Shares in John Keells PLC (CM:JKL) fell to 3-years lows; down 8.17% or 4.90 to 55.10.

Crude oil for January delivery was down 1.11% or 0.59 to $52.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.01% or 0.56 to hit $55.16 a barrel, while the February Gold contract rose 0.37% or 4.25 to trade at $1163.25 a troy ounce.

GBP/LKR was down 0.27% to 188.290, while USD/LKR fell 0.17% to 148.580.

The US Dollar Index was down 0.09% at 100.99.