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

Published 06/04/2016, 11:45
Updated 06/04/2016, 11:45
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.10%

Investing.com – Sri Lanka equities were higher at the close on Wednesday, as gains in the Motors, Trading and Investment Trust sectors propelled shares higher.

At the close in Colombo, the CSE All-Share added 0.10% to hit a new 1-month high.

The biggest gainers of the session on the CSE All-Share were Udapussellawa Plantations PLC (CM:UDPL), which rose 16.41% or 3.20 points to trade at 22.70 at the close. Lankem Ceylon PLC (CM:LCEY) added 13.24% or 9.80 points to end at 83.80 and Industrial Asphalts (Ceylon) PLC (CM:ASPH) was up 12.07% or 35.00 points to 325.00 in late trade.

Biggest losers included Kalamazoo Systems PLC (CM:KZOO), which lost 24.62% or 640.10 points to trade at 1960.00 in late trade. Lanka Ashok Leyland PLC (CM:ASHO) declined 19.71% or 298.30 points to end at 1215.10 and Agalawatte Plantations PLC (CM:AGAL) shed 16.67% or 3.80 points to 19.00.

Advancing stocks outnumbered falling ones by 100 to 78 and 46 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for May delivery was up 2.93% or 1.05 to $36.94 a barrel. Meanwhile, Brent oil for delivery in June rose 2.35% or 0.89 to hit $38.76 a barrel, while the June Gold contract fell 0.25% or 3.10 to trade at $1226.50 a troy ounce.

GBP/LKR was down 0.60% to 204.275, while USD/LKR fell 0.20% to 144.315.

The US Dollar Index was up 0.32% at 94.91.

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