Sri Lanka stocks lower at close of trade; CSE All-Share down 0.09%

Sri Lanka stocks lower at close of trade; CSE All-Share down 0.09%

Sri Lanka stocks were lower after the close on Wednesday, as losses in thePalm Oil, Telecoms and Diversified Holdings sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.09%.

The best performers of the session on the CSE All-Share were Ceylon Beverage HoldingsPLC (CM:BREW), which rose 16.31% or 98.00 points to trade at 699.00 at the close. Meanwhile, SMB Leasing PLC (CM:SEMB) added 14.29% or 0.1000 points to end at 0.8000 and Multi Finance PLC (CM:MULT) was up 11.97% or 1.70 points to 15.90 in late trade.

The worst performers of the session were Sinhaputhra Finance PLC (CM:SFL), which fell 8.28% or 1.40 points to trade at 15.50 at the close. Muller & Phipps PLC (CM:MULL) declined 7.69% or 0.100 points to end at 1.200 and Tea Smallholder Factories PLC (CM:TSML) was down 7.41% or 2.00 points to 25.00.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 101 to 70 and 42 ended unchanged.

Shares in Muller & Phipps PLC (CM:MULL) fell to 52-week lows; losing 7.69% or 0.100 to 1.200.

Crude oil for September delivery was down 0.65% or 0.28 to $42.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.02% or 0.46 to hit $44.77 a barrel, while the December Gold contract fell 0.01% or 0.10 to trade at $1328.20 a troy ounce.

GBP/LKR was down 0.38% to 190.870, while USD/LKR fell 0.19% to 145.780.

The US Dollar Index was up 0.09% at 97.26.