Sri Lanka stocks lower at close of trade; CSE All-Share down 0.08%

Sri Lanka stocks lower at close of trade; CSE All-Share down 0.08%

Sri Lanka stocks were lower after the close on Monday, as losses in the Footwear & Textile, Trading and Services sectors led shares lower.

At the close in Colombo, the CSE All-Share fell 0.08% to hit a new 1-month low.

The best performers of the session on the CSE All-Share were Samson International PLC (CM:SIL), which rose 23.05% or 21.90 points to trade at 116.90 at the close. Meanwhile,Capital Alliance Finance PLC (CM:CAFL) added 16.00% or 2.00 points to end at 14.50 andTea Smallholder Factories PLC (CM:TSML) was up 11.11% or 4.00 points to 40.00 in late trade.

The worst performers of the session were Indo Malay PLC (CM:INDO), which fell 24.80% or 354.50 points to trade at 1075.10 at the close. Paragon Ceylon PLC (CM:PARA) declined 22.91% or 17.30 points to end at 58.20 and Serendib Land PLC (CM:SLND) was down 19.01% or 281.70 points to 1200.00.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 112 to 67 and 62 ended unchanged.

Shares in Indo Malay PLC (CM:INDO) fell to 3-years lows; down 24.80% or 354.50 to 1075.10. Shares in Serendib Land PLC (CM:SLND) fell to 52-week lows; falling 19.01% or 281.70 to 1200.00.

Crude oil for September delivery was up 1.16% or 0.53 to $46.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.37% or 0.66 to hit $48.72 a barrel, while the August Gold Futures contract rose 0.13% or 1.57 to trade at $1256.47 a troy ounce.

GBP/LKR was up 0.48% to 200.190, while USD/LKR fell 0.03% to 153.610.

The US Dollar Index Futures was down 0.03% at 93.75.