Sri Lanka shares end slightly higher

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

Mar 19, 2014 (LBO) – Sri Lanka’s shares end 0.07 percent higher with banking and beverages stocks gaining amid strong foreign selling, brokers said. The Colombo benchmark All Share Price Index closed 4.41 points higher at 5,912.05 up 0.07 percent. The S&P SL20 closed 10.58 points higher at 3,225.22, up 0.33 percent.

Turnover was 640.97 million rupees, up from 509.27 million rupees a day earlier with 92 stocks close positive against 74 negative.

John Keells Holdings closed 1.00 rupee lower at 218.00 rupees with market transactions of 379.53 million rupees contributing to 59 percent of the daily turnover.

JKH’s W0022 warrants closed 20 cents lower at 63.80 rupees and its W0023 warrants closed 20 cents lower at 67.10 rupees.

Foreign investors bought 180.30 million rupees worth shares while selling 454.45 million rupees of shares.

Sampath Bank closed 1.70 rupees higher at 179.90 rupees, attracting most number of trades during the day.

Nestle Lanka closed 38.10 rupees higher at 1,950.20 rupees and Hatton National Bank closed 5.00 rupees higher at 157.90 rupees, contributing most to the index gain.

Commercial Leasing and Finance closed 20 cents higher at 4.00 rupees and Commercial Bank closed 1.50 rupees higher at 116.50 rupees.

N D B Capital Holdings closed 39.00 rupees lower at 500.00 rupees and Ceylinco Insurance closed 59.90 rupees lower at 1,390.00 rupees.

Carson Cumberbatch closed 5.20 rupees higher at 350.20 rupees and Ceylon Tobacco Company closed 20.00 rupees lower at 1,100.00 rupees.

Bukit Darah closed 3.90 rupees lower at 551.10 rupees.