SL Stocks Higher At Close Of Trade; CSE All-Share Up 0.67%

December 05, 2016

Sri Lanka stocks were higher after the close on Monday, as gains in the Footwear & Textile, Healthcare and Construction & Engineering sectors led shares higher according to Investing.com.

At the close in Colombo, the CSE All-Share added 0.67%.

The best performers of the session on the CSE All-Share were  (CM:CFI), which rose 24.93% or 17.30 points to trade at 86.70 at the close. Meanwhile, Ceylon Tea Services PLC (CM:CTEA) added 22.85% or 139.50 points to end at 750.00 and Singer Industries PLC (CM:SINI) was up 20.27% or 29.50 points to 175.00 in late trade.

The worst performers of the session were Shalimar Estates (CM:SHAL), which fell 24.85% or 571.20 points to trade at 1727.00 at the close. Indo Malay PLC (CM:INDO) declined 19.56% or 279.60 points to end at 1150.00 and Good Hope PLC (CM:GOOD) was down 14.31% or 234.00 points to 1401.00.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 126 to 56 and 46 ended unchanged.

Shares in Indo Malay PLC (CM:INDO) fell to 3-years lows; down 19.56% or 279.60 to 1150.00.

Crude oil for January delivery was up 0.95% or 0.49 to $52.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.16% or 0.63 to hit $55.09 a barrel, while the February Gold contract fell 0.98% or 11.55 to trade at $1166.25 a troy ounce.

GBP/LKR was up 0.59% to 189.295, while USD/LKR rose 0.22% to 148.630.

The US Dollar Index was up 0.23% at 100.98.