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

Published 2016-12-02, 05:45 a/m
© Reuters.  Sri Lanka shares higher at close of trade; CSE All-Share up 0.26%

Investing.com – Sri Lanka equities were higher at the close on Friday, as gains in the Land & Property, Healthcare and Banking, Financials & Insurance 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 Serendib Engineering Group PLC (CM:IDL), which rose 20.97% or 1.30 points to trade at 7.50 at the close. Singer Industries PLC (CM:SINI) added 20.27% or 29.50 points to end at 175.00 and Office Equipment PLC (CM:OFEQ) was up 17.65% or 12.00 points to 80.00 in late trade.

Biggest losers included Serendib Land PLC (CM:SLND), which lost 22.35% or 371.20 points to trade at 1290.00 in late trade. Eden Hotel Lanka PLC (CM:EDEN) declined 8.54% or 1.40 points to end at 15.00 and Namunukula Plantations PLC (CM:NAMU) shed 6.42% or 4.80 points to 70.00.

Advancing stocks outnumbered falling ones by 103 to 44 and 47 ended unchanged on the Colombo Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.00% or 0.51 to $50.55 a barrel. Meanwhile, Brent oil for delivery in February fell 1.04% or 0.56 to hit $53.38 a barrel, while the February Gold contract rose 0.38% or 4.45 to trade at $1173.85 a troy ounce.

GBP/LKR was down 0.83% to 185.950, while USD/LKR fell 0.33% to 147.770.

The US Dollar Index was up 0.02% at 101.04.

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