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Sri Lanka stocks higher at close of trade; CSE All-Share up 1.10%

Published 04/04/2017, 06:45 AM
Updated 04/04/2017, 06:45 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 1.10%

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

At the close in Colombo, the CSE All-Share gained 1.10% to hit a new 1-month high.

The best performers of the session on the CSE All-Share were PC House PLC (CM:PCHO), which rose 100.00% or 0.100 points to trade at 0.200 at the close. Meanwhile, Lucky Lanka Milk Processing Company Ltd (CM:LLMP) added 22.22% or 0.400 points to end at 2.200 and Kotmale Holdings PLC (CM:LAMB) was up 15.60% or 14.10 points to 104.50 in late trade.

The worst performers of the session were Serendib Land PLC (CM:SLND), which fell 18.73% or 311.20 points to trade at 1350.00 at the close. Tangerine Beach Hotels PLC (CM:TANG) declined 9.24% or 5.50 points to end at 54.00 and Beruwala Resorts PLC (CM:BERU) was down 9.09% or 0.100 points to 1.000.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 152 to 43 and 43 ended unchanged.

Shares in PC House PLC (CM:PCHO) rose to 52-week highs; gaining 100.00% or 0.100 to 0.200.

Crude oil for May delivery was up 0.48% or 0.24 to $50.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.47% or 0.25 to hit $53.37 a barrel, while the June Gold Futures contract rose 0.56% or 7.05 to trade at $1261.05 a troy ounce.

GBP/LKR was down 0.29% to 189.110, while USD/LKR fell 0.12% to 151.810.

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The US Dollar Index Futures was up 0.20% at 100.56.

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