Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Sri Lanka stocks higher at close of trade; CSE All-Share up 0.73%

Published 04/08/2016, 06:45 AM
Updated 04/08/2016, 06:45 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.73%

Investing.com – Sri Lanka stocks were higher after the close on Friday, as gains in the Investment Trust, Chemicals & Pharmaceuticals and Power & Energy sectors led shares higher.

At the close in Colombo, the CSE All-Share added 0.73% to hit a new 1-month high.

The best performers of the session on the CSE All-Share were Selinsing PLC (CM:SELI), which rose 20.60% or 278.10 points to trade at 1627.90 at the close. Meanwhile, Paragon Ceylon PLC (CM:PARA) added 19.76% or 9.90 points to end at 60.00 and Finance Company PLC (CM:TFC) was up 17.28% or 1.40 points to 9.50 in late trade.

The worst performers of the session were Kalamazoo Systems PLC (CM:KZOO), which fell 24.27% or 631.10 points to trade at 1969.00 at the close. Harischandra Mills PLC (CM:HARI) declined 14.84% or 400.70 points to end at 2300.00 and Hikkaduwa Beach Resort Ltd (CM:CITH) was down 13.79% or 2.00 points to 12.50.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 141 to 66 and 33 ended unchanged.

Shares in Hikkaduwa Beach Resort Ltd (CM:CITH) fell to all time lows; down 13.79% or 2.00 to 12.50.

Crude oil for May delivery was up 3.65% or 1.36 to $38.62 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 3.40% or 1.34 to hit $40.77 a barrel, while the June Gold contract fell 0.01% or 0.10 to trade at $1237.40 a troy ounce.

GBP/LKR was down 0.43% to 203.630, while USD/LKR fell 0.23% to 144.875.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The US Dollar Index was up 0.06% at 94.56.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.