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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.57%

2018-08-09 19:01    Investing

Sri Lanka stocks higher at close of trade; CSE All-Share up 0.57% Stock News

© Reuters. Sri Lanka Stocks higher at close of trade; CSE All-Share up 0.57%

Investing.com – Sri Lanka stocks were higher after the close on Thursday, as gains in the Investment Trust, Telecoms and Beverages & Tobacco sectors led shares higher.

At the close in Colombo, the CSE All-Share added 0.57%.

The best performers of the session on the CSE All-Share were Singer Industries PLC (CM:SINI), which rose 16.79% or 23.00 points to trade at 160.00 at the close. Meanwhile, Muller & Phipps PLC (CM:MULL) added 14.29% or 0.100 points to end at 0.800 and Taprobane Holdings PLC (CM:AMBE) was up 13.64% or 0.600 points to 5.000 in late trade.

The worst performers of the session were PCH Holdings PLC (CM:PCHH), which fell 16.67% or 0.100 points to trade at 0.500 at the close. Palm Garden Hotels PLC (CM:PALM) declined 10.93% or 2.70 points to end at 22.00 and Waskaduwa Beach Resort PLC (CM:CITW) was down 7.14% or 0.20 points to 2.60.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 95 to 67 and 67 ended unchanged.

Shares in Palm Garden Hotels PLC (CM:PALM) fell to all time lows; losing 10.93% or 2.70 to 22.00. Shares in Waskaduwa Beach Resort PLC (CM:CITW) fell to all time lows; losing 7.14% or 0.20 to 2.60.

Crude oil for September delivery was down 0.04% or 0.03 to $66.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October unchanged 0.00% or 0.00 to hit $72.28 a barrel, while the December Gold Futures contract rose 0.13% or 1.60 to trade at $1222.60 a troy ounce.

GBP/LKR was up 0.22% to 206.320, while USD/LKR rose 0.08% to 159.980.

The US Dollar Index Futures was up 0.11% at 95.05.

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