Sri Lanka shares close down 0.2-pct

June 20, 2014 (LBO) – Sri Lanka’s shares closed 0.17 percent lower for the third straight session amid strong foreign selling, brokers said. The Colombo benchmark All Share Price Index closed 10.75 points lower at 6,302.45, down 0.17 percent. The S&P SL20 closed 11.81 points lower at 3,478.86, down 0.34 percent.

Turnover was 1.21 billion rupees, up from 683.59 million rupees a day earlier with 93 stocks closed positive against 87 negative.

Amana Takaful closed flat at 1.80 rupees with two off-market transactions of 180.25 million rupees changing hands at 2.00 rupees per share contributing 15 percent of the turnover.

The aggregate value of all off-the-floor deals represented 47 percent of the daily turnover.

John Keells Holdings closed 1.40 rupees lower at 220.70 rupees with market transactions of 268.26 million rupees contributing 22 percent of the turnover.

JKH’s W0022 warrants closed 1.40 rupees higher at 60.50 rupees and its W0023 warrants closed 1.50 rupees higher at 70.60 rupees.

Ceylon Leather Products W0014 warrants closed 20 cents higher at 1.80 rupees, attracting most number of trades during the day.

Foreign investors bought 196.45 million rupees worth shares while selling 386.54 million rupees worth shares.

Sri Lanka Telecom closed 1.30 rupees lower at 46.60 rupees and Dialog Axiata closed flat at 10.40 rupees.

Asian Hotels and Properties closed 3.80 rupees lower at 67.20 rupees and Trans Asia Hotels closed 1.40 rupees lower at 96.50 rupees.

Commercial Bank closed 2.00 rupees lower at 133.00 rupees and Commercial Leasing and Finance closed 10 cents higher at 4.10 rupees.

Bukit Darah closed 12.00 rupees higher at 660.00 rupees and Indo-Malay closed 98.70 rupees higher at 1,800.00 rupees.

Ceylon Beverage Holdings closed 39.10 rupees higher at 548.10 rupees and Lion Brewery Ceylon closed 8.90 rupees higher at 443.90 rupees.