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Sri Lanka shares higher at close of trade; CSE All-Share up 0.04%

Published 10/06/2016, 11:45
Updated 10/06/2016, 11:45
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.04%

Investing.com – Sri Lanka equities were higher at the close on Friday, as gains in the Motors, Telecoms and Land & Property sectors propelled shares higher.

At the close in Colombo, the CSE All-Share rose 0.04%.

The biggest gainers of the session on the CSE All-Share were Industrial Asphalts (Ceylon) PLC (CM:ASPH), which rose 18.69% or 54.00 points to trade at 343.00 at the close. Associated Motor Finance Company PLC (CM:ASSO) added 16.75% or 71.30 points to end at 496.90 and Kelsey Developments PLC (CM:KDL) was up 14.56% or 7.60 points to 59.80 in late trade.

Biggest losers included Central Investments and Finance PLC (CM:CIFL), which lost 16.67% or 0.100 points to trade at 0.500 in late trade. Commercial Development Company PLC (CM:COMD) declined 13.72% or 12.80 points to end at 80.50 and Lighthouse Hotel PLC (CM:LHL) shed 10.34% or 6.10 points to 52.90.

Advancing stocks outnumbered falling ones by 95 to 72 and 51 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.15% or 0.58 to $49.98 a barrel. Meanwhile, Brent oil for delivery in August fell 0.98% or 0.51 to hit $51.44 a barrel, while the August Gold contract fell 0.02% or 0.30 to trade at $1272.40 a troy ounce.

GBP/LKR was up 0.23% to 211.255, while USD/LKR rose 0.27% to 146.095.

The US Dollar Index was up 0.10% at 94.19.

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