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Sri Lanka shares higher at close of trade; CSE All-Share up 0.10%

Published 01/11/2017, 10:45
Updated 01/11/2017, 10:50
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.10%
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Investing.com – Sri Lanka equities were higher at the close on Wednesday, as gains in the Palm Oil, Information Technology and Land & Property sectors propelled shares higher.

At the close in Colombo, the CSE All-Share added 0.10%.

The biggest gainers of the session on the CSE All-Share were Adam Investments Ltd (CM:ADAM), which rose 25.00% or 0.100 points to trade at 0.500 at the close. Nuwara Eliya Hotels Co PLC (CM:NEH) added 12.11% or 140.40 points to end at 1300.00 and Beruwala Resorts PLC (CM:BERU) was up 11.11% or 0.100 points to 1.000 in late trade.

Biggest losers included Swadeshi Industrial Works PLC (CM:SWAD), which lost 19.61% or 2512.50 points to trade at 10300.00 in late trade. Ceylon Hospitals PLC (CM:CHL) declined 11.21% or 10.10 points to end at 80.00 and Convenience Foods (Lanka) PLC (CM:SOY) shed 11.21% or 42.30 points to 335.00.

Advancing stocks outnumbered falling ones by 93 to 77 and 55 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.25% or 0.68 to $55.06 a barrel. Meanwhile, Brent oil for delivery in January rose 1.20% or 0.73 to hit $61.67 a barrel, while the December Gold Futures contract rose 0.70% or 8.84 to trade at $1279.34 a troy ounce.

GBP/LKR was up 0.19% to 204.350, while USD/LKR rose 0.05% to 153.690.

The US Dollar Index Futures was up 0.08% at 94.53.

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