Sri Lanka shares close flat

Mar 20, 2014 (LBO) – Sri Lanka’s shares close slightly higher amid thin price increases in the index heavy stocks, brokers said. Ceylon Cold Stores closed 5.70 rupees lower at 141.00 rupees and Nestle Lanka closed 2.90 rupees higher at 1,953.10 rupees.

Ceylon Tobacco Company closed 10 cents lower at 1,099.90 rupees and John Keells Holdings closed 10 cents higher at 218.10 rupees.

JKH’s W0022 warrants closed 1.10 rupees lower at 62.70 rupees and its W0023 warrants closed flat at 67.10 rupees.

The Colombo benchmark All Share Price Index closed 2.51 points higher at 5,914.56 up 0.04 percent. The S&P SL20 closed 6.69 points higher at 3,231.91, up 0.21 percent.

Turnover was 263.33 million rupees, down from 640.97 million rupees a day earlier with 93 stocks close positive against 97 negative.

Commercial Bank closed 1.20 rupees higher at 117.70 rupees with market transactions of 50.60 million rupees contributing to 19 percent of the daily turnover.

Foreign investors bought 105.47 million rupees worth shares while selling 53.33 million rupees of shares.

Union Bank closed 90 cents higher at 18.30 rupees and Blue Diamonds closed 30 cents higher at 3.50 rupees, attracting most number of trades during the day.

Indo Malay closed 150.00 rupees higher at 1,650.00 rupees and C T Holdings closed 5.40 rupees higher at 140.00 rupees.

Hatton National Bank closed 1.70 rupees lower at 156.20 rupees.

Bukit Darah closed 8.90 rupees higher at 560.00 rupees and Lion Brewery closed 9.00 rupees lower at 385.00 rupees.