Sri Lanka shares end down 0.3-pct

Apr 23, 2014 (LBO) – Sri Lanka’s shares end 0.31 percent lower with tobacco and diversified stocks losing ground, brokers said. Bukit Darah closed 30.50 rupees lower at 541.00 rupees and Ceylon Tobacco Company closed 13.00 rupees lower at 1,105.20 rupees, contributing most to the index drop.

Lion Brewery Ceylon closed 9.90 rupees lower at 390.10 rupees and John Keells Holdings closed 90 cents lower at 239.00 rupees.

JKH’s W0022 warrants closed 1.20 rupees lower at 69.00 rupees and its W0023 warrants closed 60 cents higher at 75.60 rupees.

Commercial Bank closed 1.10 rupees lower at 126.80 rupees and Hemas Holdings closed 20 cents lower at 41.80 rupees.

SLT closed 1.10 rupees higher at 46.70 rupees and Dialog Axiata closed 10 cents higher at 9.30 rupees.

Carson Cumberbatch closed 8.60 rupees higher at 387.00 rupees and Asian Hotels and Properties closed 1.70 rupees higher at 66.80 rupees.

Distilleries closed flat at 205.50 rupees.

The Colombo benchmark All Share Price Index closed 19.06 points lower at 6,172.77 down 0.31 percent. The S&P SL20 closed 23.87 points lower at 3,373.55, down 0.70 percent.

Turnover was 670.86 million rupees, up from 551.13 million rupees a day earlier with 68 stocks close positive against 95 negative.

Hatton National Bank closed 1.90 rupees lower at 155.10 rupees with an off market transaction of 70.65 million rupees contributing to 11 percent of the daily turnover.

Hatton National Bank non-voting closed 1.00 rupee higher at 125.00 rupees with an off market deal of 37.50 million rupees contributing to 6 percent of the turnover.

All off market transactions accounted for 21 percent of the total turnover.

Orient Garments closed 1.20 rupees higher at 16.00 rupees, trading heavily on the market.

Foreign investors bought 282.34 million rupees worth shares while selling 172.73 million rupees worth shares.