Sri Lanka stocks close flat

Dec 24, 2013 (LBO) – Sri Lanka stocks close flat Tuesday with hotel and plantation stocks falling, brokers said. Sampath Bank closed 10 cents lower at 170.00 rupees and Aitken Spence closed 1.00 rupee higher at 101.00 rupees.

Aitken Spence Hotel Holdings closed 30 cents higher at 65.50 rupees and Asian Hotels and Properties closed 50 cents lower at 64.50 rupees.

DFCC closed 1.00 rupee higher at 127.00 rupees and NDB ended 1.50 rupees lower at 159.10 rupees.

The Colombo benchmark All Share Price Index closed 0.49 points lower at 5,845.93, down 0.00 percent. The S&P SL20 closed 0.89 points higher at 3,225.13, up 0.03 percent.

Turnover was 246.38 million rupees, down from 267.84 million rupees a day earlier, with stocks of 75 firms closing in the red against 75 gainers.

Commercial Leasing and Finance closed 10 cents higher at 3.90 rupees with an off market transaction of 61.00 million rupees contributing to 25 percent of turnover.

Blue Diamonds closed 10 cents higher at 3.60 rupees and Touchwood closed 10 cents lower at 2.80 rupees, attracting most number of trades during the day.

Foreigners bought 110 million rupees worth shares while selling 10 million rupees of shares.

Indo Malay closed 100.00 rupees lower at 1,250.00 rupees and Trans Asia Hotels closed 3.00 rupees lower at 80.00 rupees, contributing most to the index drop.

Ceylon Tobacco Company closed 1.80 rupees lower at 1,126.20 rupees and JKH closed 40 cents lower at 221.20 rupees.

JKH’s W0022 warrants closed 10 cents higher at 67.60 rupees and its W0023 warrants closed 10 cents lower at 82.40 rupees.

Guardian Investment Trust closed 11.80 rupees higher at 181.90 rupees and Lanka Orix Leasing Company closed 2.00 rupees higher at 74.80 rupees.

Seylan Bank closed 2.40 rupees lower at 64.10 rupees and HNB closed 90 cents higher at 142.00 rupees.

Carson Cumberbatch closed 20 cents lower at 342.00 rupees and Lion Brewery closed 10 cents lower at 355.50 rupees.

Distilleries closed flat at 195.00 rupees and Bukit Darah also closed flat at 614.10 rupees.

Nestle Lanka closed 30 cents higher at 2,111.30 rupees and Cargills Ceylon closed 10 cents lower at 146.00 rupees.