Sri Lanka stocks lower at close of trade

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Sri Lanka stocks were lower after the close on Tuesday, as losses in the Services, Information Technology and Trading sectors led shares lower.


At the close in Colombo, the CSE All-Share declined 0.15%.


The best performers of the session on the CSE All-Share were Equity Two PLC , which rose 24.79% or 11.90 points to trade at 59.90 at the close. Meanwhile, Selinsing PLC  added 21.84% or 294.80 points to end at 1644.60 and PCH Holdings PLC  was up 20.00% or 0.20 points to 1.20 in late trade.


The worst performers of the session were Kalamazoo Systems PLC , which fell 24.81% or 645.00 points to trade at 1955.10 at the close. Ramboda Falls PLC declined 13.75% or 3.30 points to end at 20.70 and Malwatte Valley Plantations PLC  was down 12.50% or 0.30 points to 2.10.


Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 83 to 70 and 45 ended unchanged.


Shares in Ramboda Falls PLC  fell to 52-week lows; down 13.75% or 3.30 to 20.70. Shares in Malwatte Valley Plantations PLC fell to 5-year lows; down 12.50% or 0.30 to 2.10.


Crude oil for April delivery was down 2.64% or 0.98 to $36.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 2.56% or 1.01 to hit $38.52 a barrel, while the April Gold contract fell 0.87% or 10.80 to trade at $1234.30 a troy ounce.


GBP/LKR was down 0.45% to 207.050, while USD/LKR rose 0.05% to 144.980.


The US Dollar Index was up 0.25% at 96.84.

 
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