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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.78%

Published 24/07/2015, 08:45 pm
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.78%
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Investing.com – Sri Lanka stocks were higher after the close on Friday, as gains in the Footwear & Textile, Construction & Engineering and Manufacturing sectors led shares higher.

At the close in Colombo, the CSE All-Share added 0.78% to hit a new 1-month high.

The best performers of the session on the CSE All-Share were Serendib Hotels PLC (CM:SHOT), which rose 15.27% or 5.30 points to trade at 40.00 at the close. Meanwhile, PCH Holdings PLC (CM:PCHH) added 13.04% or 0.30 points to end at 2.60 and Metropolitan Resource Holdings PLC (CM:MPRH) was up 10.15% or 2.70 points to 29.30 in late trade.

The worst performers of the session were PC House PLC (CM:PCHO), which fell 50.00% or 0.100 points to trade at 0.200 at the close. Industrial Asphalts (Ceylon) PLC (CM:ASPH) declined 10.25% or 35.40 points to end at 310.00 and Lake House Printers and Publishers PLC (CM:LPRT) was down 7.05% or 8.80 points to 116.10.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 177 to 57 and 6 ended unchanged.

Shares in Serendib Hotels PLC (CM:SHOT) rose to all time highs; rising 15.27% or 5.30 to 40.00.

Crude oil for September delivery was up 0.31% or 0.15 to $48.60 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.43% or 0.24 to hit $55.03 a barrel, while the August Gold contract fell 1.29% or 14.10 to trade at $1080.00 a troy ounce.

GBP/LKR was down 0.45% to 207.685, while USD/LKR rose 0.05% to 133.805.

The US Dollar Index was up 0.32% at 97.59.

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