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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.04%

Published 06/01/2018, 06:45 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.04%
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Investing.com – Sri Lanka stocks were higher after the close on Friday, as gains in the Services, Diversified Holdings and Motors sectors led shares higher.

At the close in Colombo, the CSE All-Share gained 0.04%.

The best performers of the session on the CSE All-Share were Adam Investments Ltd (CM:ADAM), which rose 50.00% or 0.100 points to trade at 0.300 at the close. Meanwhile, Royal Palms Beach Hotels PLC (CM:RPBH) added 19.14% or 3.10 points to end at 19.30 and PCH Holdings PLC (CM:PCHH) was up 16.67% or 0.100 points to 0.700 in late trade.

The worst performers of the session were Nuwara Eliya Hotels Co PLC (CM:NEH), which fell 17.74% or 238.90 points to trade at 1107.90 at the close. Lucky Lanka Milk Processing Company Ltd (CM:LLMP) declined 12.50% or 0.200 points to end at 1.400 and Muller & Phipps PLC (CM:MULL) was down 11.11% or 0.100 points to 0.800.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 90 to 67 and 53 ended unchanged.

Shares in Lucky Lanka Milk Processing Company Ltd (CM:LLMP) fell to all time lows; losing 12.50% or 0.200 to 1.400. Shares in Muller & Phipps PLC (CM:MULL) fell to 5-year lows; falling 11.11% or 0.100 to 0.800.

Crude oil for July delivery was down 0.52% or 0.35 to $66.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.35% or 0.27 to hit $77.83 a barrel, while the June Gold Futures contract fell 0.14% or 1.80 to trade at $1298.30 a troy ounce.

GBP/LKR was up 0.46% to 211.290, while USD/LKR rose 0.22% to 158.610.

The US Dollar Index Futures was down 0.07% at 93.88.

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