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Sri Lanka shares higher at close of trade; CSE All-Share up 0.73%

Published 08/04/2016, 11:45
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.73%
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Investing.com – Sri Lanka equities were higher at the close on Friday, as gains in the Investment Trust, Chemicals & Pharmaceuticals and Power & Energy sectors propelled shares higher.

At the close in Colombo, the CSE All-Share added 0.73% to hit a new 1-month high.

The biggest gainers of the session on the CSE All-Share were Selinsing PLC (CM:SELI), which rose 20.60% or 278.10 points to trade at 1627.90 at the close. Paragon Ceylon PLC (CM:PARA) added 19.76% or 9.90 points to end at 60.00 and Finance Company PLC (CM:TFC) was up 17.28% or 1.40 points to 9.50 in late trade.

Biggest losers included Kalamazoo Systems PLC (CM:KZOO), which lost 24.27% or 631.10 points to trade at 1969.00 in late trade. Harischandra Mills PLC (CM:HARI) declined 14.84% or 400.70 points to end at 2300.00 and Hikkaduwa Beach Resort Ltd (CM:CITH) shed 13.79% or 2.00 points to 12.50.

Advancing stocks outnumbered falling ones by 141 to 66 and 33 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for May delivery was up 3.65% or 1.36 to $38.62 a barrel. Meanwhile, Brent oil for delivery in June rose 3.37% or 1.33 to hit $40.76 a barrel, while the June Gold contract fell 0.01% or 0.10 to trade at $1237.40 a troy ounce.

GBP/LKR was down 0.43% to 203.630, while USD/LKR fell 0.23% to 144.875.

The US Dollar Index was up 0.06% at 94.56.

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