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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.25%

Published 09/29/2016, 06:45 AM
Updated 09/29/2016, 06:55 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.25%

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

At the close in Colombo, the CSE All-Share gained 0.25%.

The best performers of the session on the CSE All-Share were eChannelling PLC (CM:ECL), which rose 23.94% or 1.70 points to trade at 8.80 at the close. Meanwhile, Paragon Ceylon PLC (CM:PARA) added 19.80% or 9.90 points to end at 59.90 and Millennium Housing Developers PLC (CM:MHDL) was up 15.94% or 1.10 points to 8.00 in late trade.

The worst performers of the session were Royal Palms Beach Hotels PLC (CM:RPBH), which fell 11.95% or 3.80 points to trade at 28.00 at the close. Associated Motor Finance Company PLC (CM:ASSO) declined 7.98% or 39.00 points to end at 450.00 and Bansei Royal Resorts Hikkaduwa Limited (CM:BANS) was down 7.14% or 0.70 points to 9.10.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 128 to 53 and 51 ended unchanged.

Crude oil for November delivery was down 0.53% or 0.25 to $46.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.69% or 0.34 to hit $48.90 a barrel, while the December Gold contract fell 0.06% or 0.85 to trade at $1322.85 a troy ounce.

GBP/LKR was down 0.14% to 190.685, while USD/LKR fell 0.17% to 146.435.

The US Dollar Index was up 0.17% at 95.47.

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