Sri Lanka stocks close lower

Apr 10, 2014 (LBO) – Sri Lanka’s stocks close down 0.14 percent lower with index heavy stocks losing ground amid thin foreign participation on the bourse, brokers said. Dialog Axiata closed 10 cents lower at 9.10 rupees and Asiri Hospital Holdings closed 1.50 rupees lower at 21.50 rupees.

Hemas Holdings closed 1.40 rupees higher at 41.40 rupees and Ceylon Tea Services closed 34.30 rupees higher at 699.40 rupees.

Asian Hotels and Properties closed 1.60 rupees higher at 66.80 rupees and Aitken Spence Hotel Holdings closed 1.40 rupees higher at 73.00 rupees.

Bukit Darah closed 5.20 rupees higher at 580.00 rupees and Ceylon Tobacco Company closed 1.00 rupee lower at 1,050.00 rupees.

The Colombo benchmark All Share Price Index closed 8.50 points lower at 6,075.05 down 0.14 percent. The S&P SL20 closed 0.96 points lower at 3,345.00, down 0.03 percent.

Turnover was 359.25 million rupees, down from 1.32 billion rupees a day earlier with 77 stocks close positive against 76 negative.

Lanka IOC closed 70 cents higher at 40.90 rupees with an off market transaction of 52.65 million rupees contributing to 15 percent of the daily turnover and attracting most number of trades during the day.

Foreign investors bought 15.01 million rupees worth shares while selling 13.16 million rupees worth shares.

SLT closed 1.20 rupees lower at 46.40 rupees and John Keells Holdings closed 1.90 rupees lower at 238.00 rupees, contributing most to the index drop.

JKH’s W0022 warrants closed 1.00 rupee lower at 68.20 rupees and its W0023 warrants closed 90 cents higher at 74.00 rupees.