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Sri Lanka shares higher at close of trade; CSE All-Share up 1.01%

Published 19/04/2017, 11:45
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 1.01%

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

At the close in Colombo, the CSE All-Share rose 1.01% to hit a new 3-month high.

The biggest gainers of the session on the CSE All-Share were Kotmale Holdings PLC (CM:LAMB), which rose 24.80% or 30.30 points to trade at 152.50 at the close. Lighthouse Hotel PLC (CM:LHL) added 17.96% or 8.80 points to end at 57.80 and Ceylon Printers PLC (CM:CPRT) was up 16.91% or 9.30 points to 64.30 in late trade.

Biggest losers included Serendib Land PLC (CM:SLND), which lost 18.73% or 311.20 points to trade at 1350.00 in late trade. Harischandra Mills PLC (CM:HARI) declined 17.64% or 493.90 points to end at 2306.00 and Beruwala Resorts PLC (CM:BERU) shed 9.09% or 0.100 points to 1.000.

Advancing stocks outnumbered falling ones by 176 to 34 and 37 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.29% or 0.15 to $52.56 a barrel. Meanwhile, Brent oil for delivery in June rose 0.40% or 0.22 to hit $55.11 a barrel, while the June Gold Futures contract fell 0.74% or 9.60 to trade at $1284.50 a troy ounce.

GBP/LKR was up 0.58% to 195.445, while USD/LKR rose 0.05% to 152.260.

The US Dollar Index Futures was up 0.11% at 99.52.

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