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Sri Lanka shares higher at close of trade; CSE All-Share up 0.25%

Published 29/09/2016, 11:45
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.25%
CSE
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CSEIT
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CSECE
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Investing.com – Sri Lanka equities were higher at the close on Thursday, as gains in the Information Technology, Investment Trust and Construction & Engineering sectors propelled shares higher.

At the close in Colombo, the CSE All-Share added 0.25%.

The biggest gainers of the session on the CSE All-Share were eChannelling PLC (CM:ECL), which rose 23.94% or 1.70 points to trade at 8.80 at the close. Paragon Ceylon PLC (CM:PARA) added 19.80% or 9.90 points to end at 59.90 and Millennium Housing Developers PLC (CM:MHDL) was up 15.94% or 1.10 points to 8.00 in late trade.

Biggest losers included Royal Palms Beach Hotels PLC (CM:RPBH), which lost 11.95% or 3.80 points to trade at 28.00 in late trade. Associated Motor Finance Company PLC (CM:ASSO) declined 7.98% or 39.00 points to end at 450.00 and Bansei Royal Resorts Hikkaduwa Limited (CM:BANS) shed 7.14% or 0.70 points to 9.10.

Advancing stocks outnumbered falling ones by 128 to 53 and 51 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.55% or 0.26 to $46.79 a barrel. Meanwhile, Brent oil for delivery in December fell 0.73% or 0.36 to hit $48.88 a barrel, while the December Gold contract fell 0.06% or 0.85 to trade at $1322.85 a troy ounce.

GBP/LKR was down 0.14% to 190.685, while USD/LKR fell 0.17% to 146.435.

The US Dollar Index was up 0.17% at 95.47.

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