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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.22%

Published 09/23/2016, 06:45 AM
Updated 09/23/2016, 06:45 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.22%

Investing.com – Sri Lanka stocks were higher after the close on Friday, as gains in the Stores & Supplies, Beverages & Tobacco and Manufacturing sectors led shares higher.

At the close in Colombo, the CSE All-Share added 0.22%.

The best performers of the session on the CSE All-Share were Central Investments and Finance PLC (CM:CIFL), which rose 57.14% or 0.800 points to trade at 2.200 at the close. Meanwhile, Colombo City Holdings PLC (CM:PHAR) added 14.97% or 130.20 points to end at 1000.00 and Mercantile Shipping Company PLC (CM:MSL) was up 10.65% or 8.80 points to 91.40 in late trade.

The worst performers of the session were Lanka Ventures PLC (CM:LVEN), which fell 8.16% or 4.00 points to trade at 45.00 at the close. CIC Holdings PLC (CM:CIC) declined 7.56% or 7.40 points to end at 90.50 and Ramboda Falls PLC (CM:RFLL) was down 6.79% or 1.90 points to 26.10.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 98 to 58 and 58 ended unchanged.

Shares in Central Investments and Finance PLC (CM:CIFL) rose to 52-week highs; rising 57.14% or 0.800 to 2.200. Shares in Colombo City Holdings PLC (CM:PHAR) rose to 3-years highs; gaining 14.97% or 130.20 to 1000.00. Shares in CIC Holdings PLC (CM:CIC) fell to 52-week lows; falling 7.56% or 7.40 to 90.50.

Crude oil for November delivery was down 0.04% or 0.02 to $46.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.63% or 0.30 to hit $47.95 a barrel, while the December Gold contract fell 0.20% or 2.75 to trade at $1341.95 a troy ounce.

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GBP/LKR was up 0.44% to 191.875, while USD/LKR rose 0.22% to 146.650.

The US Dollar Index was up 0.02% at 95.33.

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