Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

Sri Lanka stocks close lower

Dec 03, 2013 (LBO) - Sri Lanka stocks closed lower with diversified and oil stocks losing ground, brokers said.

Aitken Spence closed 70 cents lower at 106.20 rupees and Aitken Spence Hotel Holdings closed flat at 66.70 rupees.

Commercial Bank closed 40 cents lower at 115.60 rupees and HNB closed 20 cents higher at 143.50 rupees.

Sampath Bank closed 70 cents lower at 164.30 rupees and DFCC closed flat at 120.00 rupees.

Ceylinco Insurance closed 9.10 rupees lower at 1,231.00 rupees and Touchwood Investments closed flat at 3.00 rupees.

Merchant Bank of Sri Lanka closed 20 cents lower at 13.20 rupees with its debenture offer for 10 million rupees had been oversubscribed and closed Tuesday. The Colombo benchmark All Share Price Index closed 0.98 points lower at 5,773.12, down 0.02 percent. The S&P SL20 closed 4.94 points lower at 3,160.94, down 0.16 percent.

Turnover was 960.76 million rupees, up from 835.08 million rupees a day earlier, with stocks of 90 firms closing in the red against 77 gainers.

Commercial Leasing and Finance closed 10 cents lower at 3.90 rupees with an off market transaction of 450 million rupees contributing to 47 percent of total turnover.

PCH Holdings closed 20 cents lower at 1.50 rupees and Blue Diamonds closed 10 cents higher at 3.50 rupees attracting more retail investor interest during the day.

Foreigners brought 108 million rupees worth shares while selling 213 million rupees of shares.

Carson Cumberbatch closed 6.50 rupees lower at 355.00 rupees and Lanka IOC closed 1.50 rupees lower at 31.60 rupees, contributing most to the index drop.

Lanka Orix Leasing Company closed 5.00 rupees higher at 75.00 rupees and Dialog Axiata closed 10 cents higher at 9.00 rupees.

Ceylon Tobacco Company closed 4.10 rupees higher at 1,104.10 rupees and Nestle Lanka closed 10.00 rupees higher at 1,935.00 rupees.

Sri Lanka Telecom closed 20 cents lower at 37.70 rupees and Bukit Darah closed 1.30 rupees higher at 626.30 rupees.

Distilleries closed flat at 185.00 rupees and Cargills Ceylon closed 1.00 rupee lower at 150.00 rupees.

JKH closed 20 cents higher at 210.10 rupees.

JKH’s W0022 warrants closed flat at 57.00 rupees and its W0023 warrants closed 40 cents higher at 63.90 rupees.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x