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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.08%

Published 12/29/2017, 05:45 AM
Updated 12/29/2017, 05:45 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.08%

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

At the close in Colombo, the CSE All-Share gained 0.08%.

The best performers of the session on the CSE All-Share were Union Chemicals Lanka PLC (CM:UCHE), which rose 24.97% or 99.90 points to trade at 500.00 at the close. Meanwhile, Equity Two PLC (CM:ETWO) added 17.80% or 8.90 points to end at 58.90 and SMB Leasing PLC (CM:SEMB) was up 16.67% or 0.1000 points to 0.7000 in late trade.

The worst performers of the session were Paragon Ceylon PLC (CM:PARA), which fell 19.35% or 12.00 points to trade at 50.00 at the close. Nanda Investments and Finance PLC (CM:NAND) declined 13.26% or 3.70 points to end at 24.20 and Hemas Power PLC (CM:HPWR) was down 10.40% or 2.10 points to 18.10.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 97 to 68 and 52 ended unchanged.

Shares in Paragon Ceylon PLC (CM:PARA) fell to 52-week lows; down 19.35% or 12.00 to 50.00. Shares in Hemas Power PLC (CM:HPWR) fell to 52-week lows; falling 10.40% or 2.10 to 18.10.

Crude oil for February delivery was up 0.48% or 0.29 to $60.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.44% or 0.29 to hit $66.45 a barrel, while the February Gold Futures contract rose 0.13% or 1.70 to trade at $1298.90 a troy ounce.

GBP/LKR was up 0.40% to 207.175, while USD/LKR rose 0.05% to 153.490.

The US Dollar Index Futures was down 0.29% at 92.07.

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