Sri Lanka stocks close down 0.55 pct

October 30, 2012 (LBO) – Sri Lanka stocks closed down 0.55 percent Tuesday with several blue chips losing ground. Dialog Axiata PLC slipped 0.20 cents to close at 7.80 rupees down 2.50 percent.

Distilleries Company of Sri Lanka PLC closed at 142.00 rupees up 0.07 cents.

Index heavy John Keells Holdings PLC slipped 1.30 rupees to close at 206.80 rupees down 0.62 percent.

Commercial Bank slipped 0.50 cents to close at 103.00 rupees down 0.48 percent. DFCC Bank gained 0.30 cents to close at 107.00 rupees up 0.28 percent. Hatton National Bank PLC slipped 0.50 cents to close at 148.50 rupees down 0.34 percent. The Colombo All Share Index closed at 5,520.62 down 30.26 points and the S & P SL 20 Index closed 13.48 points lower at 2983.87 down 0.45 percent.

The day’s turnover was a low 307 million rupees. Top contributors to turnover were Chevron with 44 million rupees, Tokyo Cement with 32 million rupees and JKH with 26 million rupees.

Most active counters for the day were SMB Leasing non-voting, Environmental Resource Holdings and Touchwood Investments.

Aitken Spence Holdings PLC closed flat at 126.00 rupees. Colombo Dockyard PLC slipped 4.00 rupees to close at 220.00 rupees down 1.79 percent.

AVIVA NDB Insurance PLC gained 4.70 rupees to close at 375.70 rupees up 1.27 percent.