Sri Lanka stocks lower at close of trade; CSE All-Share down 0.14%

Sri Lanka stocks were lower after the close on Tuesday, as losses in the Information Technology, Motors and Construction & Engineering sectors led shares lower.

At the close in Colombo, the CSE All-Share declined 0.14% to hit a new 6-months low.

The best performers of the session on the CSE All-Share were PC House PLC (CM:PCHO), which rose 50.00% or 0.100 points to trade at 0.200 at the close. Meanwhile, Hunas Falls Hotels PLC (CM:HUNA) added 20.07% or 11.70 points to end at 70.00 and People`s Merchant Finance PLC (CM:PMB) was up 17.19% or 3.30 points to 22.50 in late trade.

The worst performers of the session were Industrial Asphalts (Ceylon) PLC (CM:ASPH), which fell 19.31% or 65.80 points to trade at 275.00 at the close. PC Pharma PLC (CM:PCPH) declined 16.67% or 0.10 points to end at 0.60 and Shalimar Estates (CM:SHAL) was down 16.13% or 367.00 points to 1908.00.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 116 to 106 and 13 ended unchanged.

Shares in Industrial Asphalts (Ceylon) PLC (CM:ASPH) fell to 52-week lows; down 19.31% or 65.80 to 275.00.

Crude oil for January delivery was up 0.60% or 0.23 to $37.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.22% or 0.49 to hit $41.23 a barrel, while the February Gold contract fell 0.36% or 3.90 to trade at $1071.30 a troy ounce.

GBP/LKR was down 0.36% to 214.995, while USD/LKR fell 0.27% to 142.880.

The US Dollar Index was down 0.06% at 98.68.

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