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Sri Lanka shares higher at close of trade; CSE All-Share up 0.26%

Published 2017-03-06, 05:45 a/m
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.26%
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Investing.com – Sri Lanka equities were higher at the close on Monday, as gains in the Land & Property, Beverages & Tobacco and Power & Energy sectors propelled shares higher.

At the close in Colombo, the CSE All-Share rose 0.26%.

The biggest gainers of the session on the CSE All-Share were Central Investments and Finance PLC (CM:CIFL), which rose 28.57% or 0.200 points to trade at 0.900 at the close. Mercantile Shipping Company PLC (CM:MSL) added 19.97% or 14.00 points to end at 84.10 and Paragon Ceylon PLC (CM:PARA) was up 13.97% or 9.50 points to 77.50 in late trade.

Biggest losers included Hapugastenne Plantations PLC (CM:HAPU), which lost 21.50% or 4.30 points to trade at 15.70 in late trade. Kelani Valley Plantations PLC (CM:KVAL) declined 20.29% or 15.20 points to end at 59.70 and Waskaduwa Beach Resort PLC (CM:CITW) shed 15.38% or 0.60 points to 3.30.

Advancing stocks outnumbered falling ones by 87 to 80 and 54 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.49% or 0.26 to $53.07 a barrel. Meanwhile, Brent oil for delivery in May fell 0.47% or 0.26 to hit $55.64 a barrel, while the April Gold Futures contract rose 0.48% or 5.85 to trade at $1232.35 a troy ounce.

GBP/LKR was up 0.01% to 185.260, while USD/LKR fell 0.05% to 151.190.

The US Dollar Index Futures was up 0.20% at 101.55.

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