Sri Lanka stocks higher at close of trade; CSE All-Share up 0.19%

Sri Lanka stocks higher at close of trade; CSE All-Share up 0.19%

Apr 16, 2018

Investing.com – Sri Lanka stocks were higher after the close on Monday, as gains in the Power&Energy, Information Technology and Construction&Engineering sectors led shares higher.

At the close in Colombo, the CSE All-Share gained 0.19%.

The best performers of the session on the CSE All-Share were Shalimar Estates (CM:SHAL), which rose 15.18% or 227.40 points to trade at 1725.00 at the close. Meanwhile, Samson International PLC (CM:SIL) added 13.51% or 11.90 points to end at 100.00 and Hunas Falls Hotels PLC (CM:HUNA) was up 12.92% or 10.30 points to 90.00 in late trade.

The worst performers of the session were Swadeshi Industrial Works PLC (CM:SWAD), which fell 22.03% or 2822.50 points to trade at 9990.00 at the close. Commercial Development Company PLC (CM:COMD) declined 9.88% or 7.40 points to end at 67.50 and Hemas Power PLC (CM:HPWR) was down 6.82% or 1.50 points to 20.50.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 101 to 52 and 60 ended unchanged.

Shares in Commercial Development Company PLC (CM:COMD) fell to 52-week lows; down 9.88% or 7.40 to 67.50. Shares in Hunas Falls Hotels PLC (CM:HUNA) rose to 5-year highs; gaining 12.92% or 10.30 to 90.00.

Crude oil for May delivery was down 1.08% or 0.73 to $66.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.12% or 0.81 to hit $71.77 a barrel, while the June Gold Futures contract fell 0.11% or 1.50 to trade at $1346.40 a troy ounce.

GBP/LKR was up 0.39% to 222.940, while USD/LKR rose 0.08% to 155.910.

The US Dollar Index Futures was down 0.28% at 89.26.

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