Sri Lanka stocks close up 0.1-pct

Oct 27, 2014 (LBO) – Sri Lanka’s stocks closed 0.11 percent higher with index heavy John Keells Holdings contributing most to the index gain, brokers said. Foreign investors bought 374.85 million rupees worth shares while selling 377.37 million rupees worth shares.

Dialog Axiata closed 20 cents higher at 12.20 rupees and John Keells Holdings closed 1.90 rupees higher at 249.90 rupees, contributing most to the index gain.

JKH’s W0022 warrants closed flat at 73.00 rupees and its W0023 warrants closed 70 cents lower at 76.30 rupees.

Ceylon Cold Stores closed 12.10 rupees higher at 249.40 rupees and Carson Cumberbatch closed 4.20 rupees higher at 448.10 rupees.

DFCC Bank closed 2.90 rupees higher at 218.50 rupees.

The Colombo benchmark All Share Price Index closed 7.60 points higher at 7,221.08, up 0.11 percent. The S&P SL20 closed 10.43 points higher at 4,014.22, up 0.26 percent.

Turnover was 986.45 million rupees, up from 870.70 million rupees last Friday with 90 stocks closed positive against 108 negative.

Nestle Lanka closed 1.00 rupee higher at 2,100.00 rupees with two off market transactions of 210.00 million rupees changing hands at 2,100.00 rupees per share contributing 21 percent of the turnover.

Vallibel Power Erathna closed 40 cents higher at 7.00 rupees, attracting most number of trades during the day.