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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 lower at close of trade; CSE All-Share down 0.07%
Stock Market
Friday, May 25, 2018 - 10:45

Investing.com – Sri Lanka stocks were lower after the close on Friday, as losses in the Healthcare, Plantations and Hotels&Travel 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 Adam Investments Ltd (CM:ADAM), which rose 50.00% or 0.100 points to trade at 0.300 at the close. Meanwhile, Radiant Gems International PLC (CM:RGEM) added 21.36% or 4.40 points to end at 25.00 and SMB Leasing PLC (CM:SEMB) was up 20.00% or 0.1000 points to 0.6000 in late trade.

The worst performers of the session were Sinhaputhra Finance PLC (CM:SFL), which fell 10.71% or 1.20 points to trade at 10.00 at the close. Paragon Ceylon PLC (CM:PARA) declined 10.62% or 6.00 points to end at 50.50 and Swarnamahal Financial Services PLC (CM:SWAR) was down 9.52% or 0.200 points to 1.900.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 92 to 88 and 41 ended unchanged.

Shares in Sinhaputhra Finance PLC (CM:SFL) fell to 3-years lows; down 10.71% or 1.20 to 10.00.

Crude oil for July delivery was down 1.67% or 1.18 to $69.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.83% or 1.44 to hit $77.35 a barrel, while the June Gold Futures contract rose 0.05% or 0.70 to trade at $1305.10 a troy ounce.

GBP/LKR was down 0.18% to 211.060, while USD/LKR rose 0.01% to 158.010.

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

© Reuters.
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