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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.34%

Published 10/06/2017, 06:45 AM
Updated 10/06/2017, 06:50 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.34%

© Reuters. Sri Lanka stocks higher at close of trade; CSE All-Share up 0.34%

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

At the close in Colombo, the CSE All-Share added 0.34% to hit a new 1-month high.

The best performers of the session on the CSE All-Share were Millennium Housing Developers PLC (CM:MHDL), which rose 16.10% or 1.90 points to trade at 13.70 at the close. Meanwhile, Paragon Ceylon PLC (CM:PARA) added 13.70% or 8.30 points to end at 68.90 and People’s Merchant Finance PLC (CM:PMB) was up 13.48% or 1.90 points to 16.00 in late trade.

The worst performers of the session were Mercantile Shipping Company PLC (CM:MSL), which fell 16.47% or 9.90 points to trade at 50.20 at the close. Equity Two PLC (CM:ETWO) declined 15.23% or 9.90 points to end at 55.10 and Central Investments and Finance PLC (CM:CIFL) was down 9.09% or 0.100 points to 1.000.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 128 to 57 and 59 ended unchanged.

Shares in Millennium Housing Developers PLC (CM:MHDL) rose to all time highs; gaining 16.10% or 1.90 to 13.70. Shares in Mercantile Shipping Company PLC (CM:MSL) fell to 5-year lows; losing 16.47% or 9.90 to 50.20.

Crude oil for November delivery was down 0.91% or 0.46 to $50.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.35% or 0.20 to hit $56.80 a barrel, while the December Gold Futures contract fell 0.03% or 0.37 to trade at $1272.83 a troy ounce.

GBP/LKR was down 0.50% to 200.360, while USD/LKR fell 0.07% to 153.290.

The US Dollar Index Futures was up 0.03% at 93.80.

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