The new S&P (Standard & Poor’s) Sri Lanka 20 index, which tracks the top 20 most liquid stocks, closed down 2.90 points or 0.10 percent to 2,848.88, data showed.
Wednesday’s turnover was 972.5 million rupees, lower than 8.08 billion rupees posted on Tuesday, largely due to one-off deal in conglomerate Aitken Spence Holdings PLC.
Foreign buying accounted for 85.23 million rupees over sales of 77.65 million rupees.John Keells Holdings, dominated trading with two large trades, brokers said. A quantity of 284,000 JKH shares was sold at 190.00 rupees while a block of 3,367,000 shares traded at 182.50 rupees.
JKH closed down 1.00 rupee to 189.00 rupees on trades of 3.735 million shares.
Textured Jersey, which is partly owned by one of Sri Lanka’s biggest clothing manufacturers Brandix, saw a parcel of 4,246,400 shares sell at 7.70 rupees. The counter closed flat at 7.70 rupees on trades of 4.23 million shares.
Commercial Bank of Ceylon PLC, one of the island’s most profitable lenders, saw its non-voting stock close flat at 74.00 rupees on trades of 428,738 shares.