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Sri Lanka shares higher at close of trade; CSE All-Share up 0.93%

Published 15/08/2016, 11:45
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.93%

Investing.com – Sri Lanka equities were higher at the close on Monday, as gains in the Beverages & Tobacco, Power & Energy and Construction & Engineering sectors propelled shares higher.

At the close in Colombo, the CSE All-Share rose 0.93% to hit a new 1-month high.

The biggest gainers of the session on the CSE All-Share were Paragon Ceylon PLC (CM:PARA), which rose 23.53% or 12.00 points to trade at 63.00 at the close. Laxapana Batteries PLC (CM:LITE) added 18.45% or 1.90 points to end at 12.20 and Industrial Asphalts (Ceylon) PLC (CM:ASPH) was up 17.33% or 52.00 points to 352.00 in late trade.

Biggest losers included Shalimar Estates (CM:SHAL), which lost 19.50% or 448.20 points to trade at 1850.00 in late trade. Equity Two PLC (CM:ETWO) declined 14.89% or 10.50 points to end at 60.00 and ASCOT Holdings PLC (CM:ASCO) shed 7.93% or 3.40 points to 39.50.

Advancing stocks outnumbered falling ones by 101 to 79 and 56 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.45% or 0.20 to $44.69 a barrel. Meanwhile, Brent oil for delivery in October rose 0.32% or 0.15 to hit $47.12 a barrel, while the December Gold contract rose 0.18% or 2.45 to trade at $1345.65 a troy ounce.

GBP/LKR was down 0.42% to 187.785, while USD/LKR fell 0.09% to 145.415.

The US Dollar Index was down 0.08% at 95.60.

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