Sri Lanka stocks lower at close of trade; CSE All-Share down 0.41%

Jul 30, 2018

Sri Lanka stocks were lower after the close on Monday, as losses in the Chemicals&Pharmaceuticals, Services and Investment Trust sectors led shares lower.

At the close in Colombo, the CSE All-Share fell 0.41%.

The best performers of the session on the CSE All-Share were Sathosa Motors PLC (CM:SMOT), which rose 17.10% or 55.50 points to trade at 380.00 at the close. Meanwhile, On’ally Holdings PLC (CM:ONAL) added 14.07% or 11.10 points to end at 90.00 and Industrial Asphalts (Ceylon) PLC (CM:ASPH) was up 13.14% or 45.30 points to 390.00 in late trade.

The worst performers of the session were Adam Investments Ltd (CM:ADAM), which fell 33.33% or 0.100 points to trade at 0.200 at the close. SMB Leasing PLC (CM:SEMB) declined 20.00% or 0.1000 points to end at 0.4000 and Lankem Ceylon PLC (CM:LCEY) was down 11.25% or 3.70 points to 29.20.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 84 to 72 and 67 ended unchanged.

Shares in SMB Leasing PLC (CM:SEMB) fell to 5-year lows; falling 20.00% or 0.1000 to 0.4000. Shares in Lankem Ceylon PLC (CM:LCEY) fell to 5-year lows; falling 11.25% or 3.70 to 29.20.

Crude oil for September delivery was up 1.30% or 0.89 to $69.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.43% or 0.32 to hit $75.08 a barrel, while the August Gold Futures contract fell 0.23% or 2.80 to trade at $1220.20 a troy ounce.

GBP/LKR was up 0.02% to 209.395, while USD/LKR rose 0.05% to 159.690.

The US Dollar Index Futures was down 0.17% at 94.31.