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Sri Lanka shares higher at close of trade; CSE All-Share up 0.29%

Published 18/05/2018, 11:45
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.29%
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Investing.com – Sri Lanka equities were higher at the close on Friday, as gains in the Chemicals & Pharmaceuticals, Healthcare and Power & Energy sectors propelled shares higher.

At the close in Colombo, the CSE All-Share added 0.29%.

The biggest gainers of the session on the CSE All-Share were Shalimar Estates (CM:SHAL), which rose 19.52% or 292.40 points to trade at 1790.00 at the close. Union Chemicals Lanka PLC (CM:UCHE) added 18.33% or 77.00 points to end at 497.00 and Hunas Falls Hotels PLC (CM:HUNA) was up 17.82% or 13.60 points to 89.90 in late trade.

Biggest losers included Beruwala Resorts PLC (CM:BERU), which lost 11.11% or 0.100 points to trade at 0.800 in late trade. Nuwara Eliya Hotels Co PLC (CM:NEH) declined 10.90% or 146.80 points to end at 1200.00 and Royal Palms Beach Hotels PLC (CM:RPBH) shed 7.53% or 1.40 points to 17.20.

Advancing stocks outnumbered falling ones by 101 to 80 and 50 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.04% or 0.03 to $71.52 a barrel. Meanwhile, Brent oil for delivery in July rose 0.34% or 0.27 to hit $79.57 a barrel, while the June Gold Futures contract fell 0.26% or 3.30 to trade at $1286.10 a troy ounce.

GBP/LKR was down 0.20% to 212.920, while USD/LKR rose 0.05% to 157.890.

The US Dollar Index Futures was up 0.12% at 93.50.

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