Sri Lanka stocks close 0.2-pct higher

Dec 17, 2013 (LBO) – Sri Lanka stocks close higher for the fourth straight day with finance and diversified stocks gaining, brokers said. Ceylinco Insurance closed 1.10 rupees higher at 1,350.00 rupees and Sampath Bank closed 1.00 rupee higher at 169.00 rupees.

HNB closed 50 cents lower at 141.50 rupees and Touchwood Investments closed 10 cents lower at 2.80 rupees.

NDB closed 80 cents higher at 157.00 rupees. The Colombo benchmark All Share Price Index closed 16.22 points higher at 5,811.88, up 0.28 percent. The S&P SL20 closed 8.20 points higher at 3,193.87, up 0.26 percent.

Turnover was 1.27 billion rupees, up from 414.66 million rupees last Friday, with stocks of 79 firms closing in the red against 80 gainers.
Foreigners bought 483 million rupees worth shares while selling 1.10 billion rupees of shares.

JKH closed 1.70 rupees higher at 216.00 rupees with off market transactions of 610 million rupees contributing to 48 percent of total turnover. JKH’s W0022 warrants closed 1.00 rupee higher at 63.00 rupees and it’s W0023 warrants closed 1.60 rupees higher at 75.20 rupees.

The Finance Company closed 40 cents lower at 11.30 rupees attracting most number of trades during the day.

Ceylon Tobacco Company closed 13.30 rupees higher at 1,150.00 rupees and George Steuart Finance closed 94.80 rupees higher at 550.00 rupees, contributing most to the index gain.

Commercial Bank closed 1.90 rupees higher at 118.90 rupees and Carson Cumberbatch closed 6.40 rupees higher at 356.40 rupees.

Aitken Spence closed 3.00 rupees lower at 100.00 rupees and Aitken Spence Hotel Holdings closed flat at 65.00 rupees.

Sri Lanka Telecom closed 40 cents lower at 36.60 rupees and DFCC closed 2.00 rupees lower at 123.00 rupees.

Bukit Darah closed 5.00 rupees lower at 620.00 rupees and Hayleys closed 4.90 rupees lower at 285.10 rupees.

Lanka Orix Leasing Company closed flat at 75.00 rupees and Distilleries closed 50 cents higher at 190.00 rupees.

Asian Hotels and Properties closed 50 cents lower at 62.40 rupees and Dialog Axiata closed flat at 9.00 rupees.

Nestle Lanka closed 70 cents lower at 2,100.20 rupees and Cargills Ceylon closed 80 cents higher at 148.50 rupees.