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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.12%

Published 06/13/2016, 06:45 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.12%
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Investing.com – Sri Lanka stocks were higher after the close on Monday, as gains in the Diversified Holdings, Services and Manufacturing sectors led shares higher.

At the close in Colombo, the CSE All-Share added 0.12%.

The best performers of the session on the CSE All-Share were Tangerine Beach Hotels PLC (CM:TANG), which rose 19.45% or 11.40 points to trade at 70.00 at the close. Meanwhile, Equity Two PLC (CM:ETWO) added 15.73% or 9.50 points to end at 69.90 and Mercantile Shipping Company PLC (CM:MSL) was up 11.76% or 10.00 points to 95.00 in late trade.

The worst performers of the session were Ceylon Tea Services PLC (CM:CTEA), which fell 22.91% or 194.70 points to trade at 655.10 at the close. Arpico Finance Company PLC (CM:ARPI) declined 10.06% or 19.60 points to end at 175.30 and Brown & Company PLC (CM:BRWN) was down 9.67% or 8.70 points to 81.30.

Falling stocks outnumbered advancing ones on the Colombo Stock Exchange by 110 to 63 and 49 ended unchanged.

Crude oil for July delivery was down 1.22% or 0.60 to $48.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.01% or 0.51 to hit $50.03 a barrel, while the August Gold contract rose 0.91% or 11.65 to trade at $1287.55 a troy ounce.

GBP/LKR was down 0.94% to 207.000, while USD/LKR rose 0.49% to 145.630.

The US Dollar Index was down 0.08% at 94.56.

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