Sri Lanka stocks close up 0.1-pct

Aug 28, 2014 (LBO) – Sri Lanka’s stocks close 0.10 percent higher on Thursday with index heavy John Keells Holdings gaining despite low foreign participation, brokers said. John Keells Holdings closed 3.90 rupees higher at 248.90 rupees, contributing most to the index gain.

JKH’s W0022 warrants closed 10 cents higher at 69.20 rupees and its W0023 warrants closed 10 cents lower at 79.00 rupees.

Ceylon Tobacco Company closed 18.00 rupees lower at 1,181.00 rupees.

The Colombo benchmark All Share Price Index closed 6.85 points higher at 6,991.76, up 0.10 percent. The S&P SL20 closed 3.04 points higher at 3,845.87, up 0.08 percent.

Turnover was 888.75 million rupees, up from 742.11 million rupees a day earlier with 92 stocks closed positive against 109 negative.

Aitken Spence Hotel Holdings closed 1.40 rupees higher at 84.00 rupees with an off-market transaction of 37.10 million rupees changing hands at 85.00 rupees per share contributing 4 percent of the daily turnover.

Blue Diamonds Jewellery Worldwide closed 10 cents lower at 3.50 rupees, attracting most number of trades during the day.

Foreign investors bought 151.02 million rupees worth shares while selling 48.32 million rupees worth shares.