Tuesday, 16 August 2016

Sri Lanka stocks lower at close of trade; CSE All-Share down 0.07%


Sri Lanka stocks lower at close of trade; CSE All-Share down 0.07%

 Sri Lanka stocks were lower after the close on Tuesday, as losses in theInformation TechnologyInvestment Trust and Trading sectors led shares lower.
At the close in Colombo, the CSE All-Share declined 0.07%.

The best performers of the session on the CSE All-Share were Paragon Ceylon PLC (CM:PARA), which rose 24.51% or 12.50 points to trade at 63.50 at the close. Meanwhile,Tangerine Beach Hotels PLC (CM:TANG) added 15.97% or 9.90 points to end at 71.90 and F L C Holdings PLC (CM:FREE) was up 8.33% or 0.100 points to 1.300 in late trade.
The worst performers of the session were Colombo Fort Investments PLC (CM:CFI), which fell 17.78% or 16.00 points to trade at 74.00 at the close. Asia Capital PLC (CM:ACAP) declined 16.15% or 2.10 points to end at 10.90 and Ceylon Tea Services PLC (CM:CTEA) was down 12.55% or 104.00 points to 725.00.
Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 93 to 93 and 61 ended unchanged.
Crude oil for September delivery was up 0.50% or 0.23 to $45.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.48% or 0.23 to hit $48.58 a barrel, while the December Gold contract rose 0.74% or 9.95 to trade at $1357.45 a troy ounce.
GBP/LKR was down 0.30% to 187.080, while USD/LKR fell 0.09% to 145.260.
The US Dollar Index was down 0.86% at 94.76.

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