Sri Lanka shares close up 0.1-pct

June 16, 2014 (LBO) – Sri Lanka’s shares closed 0.11 percent higher on Monday starting the week on a positive territory, brokers said. The Colombo benchmark All Share Price Index closed 6.88 points higher at 6,344.10 up 0.11 percent. The S&P SL20 closed 15.64 points higher at 3,520.67, up 0.45 percent.

Turnover was 957.31 million rupees, up from 809.41 million rupees last Friday with 105 stocks closed positive against 79 negative.

Softlogic Holdings closed 50 cents higher at 13.70 rupees with two off-market transactions of 148.73 million rupees changing hands at 13.50 rupees per share contributing 16 percent of the turnover.

The Finance Company non-voting closed 30 cents higher at 8.50 rupees, attracting most number of trades during the day.

Foreign investors bought 252.70 million rupees worth shares while selling 53.95 million rupees worth shares.

Commercial Bank of Ceylon closed 1.20 rupees higher at 135.00 rupees and Chevron Lubricants Lanka closed 7.30 rupees higher at 287.70 rupees, contributing most to the index gain.

Carson Cumberbatch closed 4.20 rupees higher at 406.20 rupees and John Keells Holdings closed flat at 234.00 rupees.

JKH’s W0022 warrants closed 20 cents higher at 62.20 rupees and its W0023 warrants closed flat at 72.00 rupees.

Commercial Leasing and Finance closed 10 cents higher at 4.10 rupees and Lanka Orix Leasing Company closed 40 cents higher at 91.20 rupees.

Dialog Axiata closed 10 cents higher at 10.20 rupees and Sri Lanka Telecom closed 10 cents lower at 47.90 rupees.

Nestle Lanka closed 71.00 rupees lower at 1,926.00 rupees and Lion Brewery Ceylon closed 3.00 rupees lower at 430.00 rupees.

HNB closed 1.80 rupees lower at 155.70 rupees and Seylan Bank closed 2.40 rupees lower at 64.00 rupees.