Sri Lanka stocks close down 0.3-pct; Asian markets lower


Sep 10, 2015 (LBO) – Sri Lankan stocks closed down 0.32 percent on Thursday following losses in regional markets with telecom and beverage sector stocks showing losses, brokers said.

The Colombo benchmark All Share Price Index closed down 23.31 points at 7,159.94 lower 0.32 percent.

S&P SL20 closed 12.83 points lower at 3,924.25 down 0.33 percent.

Turnover was 588 million rupees, down 647 million rupees, Wednesday with 44 stocks closing positive against 96 negative.

“Asian market closed lower today and this may have impacted the index,” Lanka Securities said.

The main index showed losses in Dialog Axita closing at 11.30 rupees down 0.20 rupees with over 10 million shares traded in two separate off the floor trades of five million shares each at 11.20 rupees.

Sri Lanka Telecom closed at 46.90 rupees, down 0.70 rupees.

Lion Brewery closed at 630.60 rupees, down 19.30 rupees and Ceylon Cold Stores closed at 370.80 rupees, down 8.20 rupees.

Some banking stocks also made losses with Commercial Bank closing at 167.00 rupees, down 0.30 rupees and DFCC Bank closed down at 185.00 rupees, down 1.90 rupees.

Top contributor to turnover was Dialog with 112 million rupees.

John Keells Holdings closed at 175.0 rupees down 0.20 rupees.