Sri Lanka stocks close higher

May 22, 2014 (LBO) – Sri Lanka’s stocks closed higher Thursday with low activity on the bourse, brokers said. The Colombo benchmark All Share Price Index closed 0.85 points higher at 6,290.17 up 0.01 percent. The S&P SL20 closed 0.79 points lower at 3,465.05, down 0.02 percent.

Turnover was 612.40 million rupees, down from 944.28 million rupees a day earlier with 68 stocks closed positive against 104 negative.

Distilleries closed flat at 210.00 rupees with an off market transaction of 71.35 million rupees contributing 12 percent of the daily turnover.

Janashakthi Insurance closed 40 cents higher at 15.50 rupees and Kelani Tyres closed 1.60 rupees higher at 61.60 rupees, attracting most number of trades during the day.

Foreign investors bought 284.65 million rupees worth shares while selling 134.44 million rupees worth shares.

Trans Asia Hotels closed 3.60 rupees higher at 93.80 rupees and Aitken Spence Hotel Holdings closed 1.10 rupees higher at 77.00 rupees.

Commercial Leasing and Finance closed 10 cents higher at 3.90 rupees and LOLC closed flat at 80.00 rupees.

Cargills Ceylon closed 4.00 rupees higher at 144.00 rupees and Access Engineering closed 40 cents higher at 23.70 rupees.

Sri Lanka Telecom closed 90 cents higher at 47.90 rupees and Dialog Axiata closed 10 cents lower at 9.70 rupees.

Hemas Holdings closed 70 cents lower at 41.30 rupees and John Keells Holdings closed 1.20 rupees lower at 232.40 rupees.

JKH’s W0022 warrants closed 1.30 rupees lower at 61.80 rupees and its W0023 warrants closed 40 cents lower at 68.60 rupees.

Nestle Lanka closed 10.60 rupees lower at 1,950.30 rupees.