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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.40%

Published 04/26/2016, 06:45 AM
Updated 04/26/2016, 06:45 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.40%

Investing.com – Sri Lanka stocks were higher after the close on Tuesday, as gains in the Healthcare, Information Technology and Manufacturing sectors led shares higher.

At the close in Colombo, the CSE All-Share rose 0.40%.

The best performers of the session on the CSE All-Share were Tea Smallholder Factories PLC (CM:TSML), which rose 23.20% or 5.80 points to trade at 30.80 at the close. Meanwhile, Paragon Ceylon PLC (CM:PARA) added 22.88% or 13.50 points to end at 72.50 and Lucky Lanka Milk Processing Company Ltd (CM:LLMP) was up 20.00% or 0.70 points to 4.20 in late trade.

The worst performers of the session were Kalamazoo Systems PLC (CM:KZOO), which fell 15.39% or 400.10 points to trade at 2200.00 at the close. Colombo Fort Investments PLC (CM:CFI) declined 14.12% or 12.00 points to end at 73.00 and Lighthouse Hotel PLC (CM:LHL) was down 11.03% or 6.40 points to 51.60.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 116 to 65 and 45 ended unchanged.

Crude oil for June delivery was up 0.77% or 0.33 to $42.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.86% or 0.38 to hit $44.70 a barrel, while the June Gold contract fell 0.42% or 5.15 to trade at $1235.05 a troy ounce.

GBP/LKR was up 0.04% to 211.735, while USD/LKR fell 0.07% to 146.115.

The US Dollar Index was down 0.18% at 94.57.

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