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Sri Lanka shares lower at close of trade; CSE All-Share down 0.05%

Published 24/08/2018, 11:45
Updated 24/08/2018, 11:45
© Reuters.  Sri Lanka shares lower at close of trade; CSE All-Share down 0.05%

Investing.com – Sri Lanka equities were lower at the close on Friday, as losses in the Telecoms, Footwear & Textile and Trading sectors propelled shares lower.

At the close in Colombo, the CSE All-Share lost 0.05%.

The biggest gainers of the session on the CSE All-Share were PCH Holdings PLC (CM:PCHH), which rose 25.00% or 0.100 points to trade at 0.500 at the close. SMB Leasing PLC (CM:SEMB) added 25.00% or 0.1000 points to end at 0.5000 and Kelsey Developments PLC (CM:KDL) was up 21.57% or 5.50 points to 31.00 in late trade.

Biggest losers included Nation Lanka Finance PLC (CM:CSF), which lost 12.50% or 0.100 points to trade at 0.700 in late trade. Good Hope PLC (CM:GOOD) declined 10.41% or 122.00 points to end at 1050.00 and Trade Finance & Investments PLC (CM:TFIL) shed 9.38% or 6.00 points to 58.00.

Advancing stocks outnumbered falling ones by 99 to 76 and 57 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.36% or 0.92 to $68.75 a barrel. Meanwhile, Brent oil for delivery in October rose 1.36% or 1.02 to hit $75.75 a barrel, while the December Gold Futures contract rose 0.37% or 4.40 to trade at $1198.40 a troy ounce.

GBP/LKR was up 0.25% to 206.875, while USD/LKR rose 0.05% to 160.940.

The US Dollar Index Futures was down 0.25% at 95.31.

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