Sri Lanka stocks close up 0.1-pct

Apr 21, 2014 (LBO) – Sri Lanka’s stocks close higher Monday with index heavy stocks gaining amid net foreign buying on the exchange, brokers said. The Colombo benchmark All Share Price Index closed 6.27 points higher at 6,187.03 up 0.10 percent. The S&P SL20 closed 6.92 points higher at 3,394.94, up 0.20 percent.

Turnover was 816.06 million rupees, up from 664.12 million rupees last Thursday with 89 stocks close positive against 87 negative.

Royal Ceramics Lanka closed 6.40 rupees higher at 95.20 rupees with market transactions of 247.39 million rupees contributing to 30 percent of the daily turnover.

All off market transactions contributed to 20 percent of the turnover.

Piramal Glass Ceylon closed 20 cents higher at 3.70 rupees and Expo Lanka Holdings closed 30 cents higher at 9.50 rupees, trading heavily on the market.

Foreign investors bought 181.06 million rupees worth shares while selling 21.44 million rupees worth shares.

Carson Cumberbatch closed 20.00 rupees higher at 390.00 rupees and Ceylon Tobacco Company closed 7.90 rupees higher at 1,097.80 rupees.

Indo Malay closed 270.00 rupees higher at 1,980.00 rupees and John Keells Holdings closed 1.00 rupee higher at 239.00 rupees.

JKH’s W0022 warrants closed 1.00 rupee higher at 69.00 rupees and its W0023 warrants also closed 1.00 rupee higher at 73.90 rupees.

Distilleries closed 5.00 rupees lower at 205.00 rupees and Bukit Darah closed 8.50 rupees lower at 571.50 rupees.

AIA Insurance Lanka closed 43.80 rupees lower at 272.20 rupees and Commercial Leasing and Finance closed 10 cents lower at 4.00 rupees.

SLT closed 1.10 rupees lower at 45.60 rupees