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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.30%

Published 07/31/2018, 06:45 AM
© Reuters.  Sri Lanka stocks higher at close of trade; CSE All-Share up 0.30%
CSE
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CSEITEC
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Investing.com – Sri Lanka stocks were higher after the close on Tuesday, as gains in the Information Technology, Trading and Motors sectors led shares higher.

At the close in Colombo, the CSE All-Share gained 0.30%.

The best performers of the session on the CSE All-Share were Ceylon and Foreign Trades PLC (CM:CFT), which rose 23.53% or 0.80 points to trade at 4.20 at the close. Meanwhile, Paragon Ceylon PLC (CM:PARA) added 18.00% or 9.90 points to end at 64.90 and Equity Two PLC (CM:ETWO) was up 16.13% or 10.00 points to 72.00 in late trade.

The worst performers of the session were Muller & Phipps PLC (CM:MULL), which fell 12.50% or 0.100 points to trade at 0.700 at the close. Lanka Ventures PLC (CM:LVEN) declined 8.89% or 4.00 points to end at 41.00 and Softlogic Finance PLC (CM:CAPR) was down 6.25% or 2.00 points to 30.00.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 109 to 64 and 50 ended unchanged.

Shares in Muller & Phipps PLC (CM:MULL) fell to 5-year lows; down 12.50% or 0.100 to 0.700. Shares in Lanka Ventures PLC (CM:LVEN) fell to 52-week lows; falling 8.89% or 4.00 to 41.00.

Crude oil for September delivery was down 0.58% or 0.41 to $69.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.40% or 0.30 to hit $75.25 a barrel, while the August Gold Futures contract fell 0.34% or 4.10 to trade at $1217.20 a troy ounce.

GBP/LKR was up 0.19% to 210.170, while USD/LKR rose 0.03% to 159.710.

The US Dollar Index Futures was down 0.08% at 94.06.

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