Sri Lanka stocks close up 0.2-pct

Oct 28, (LBO) – Sri Lanka’s stocks closed up Thursday, with index heavy stocks recovering lost ground from buying by foreign and high net worth investor buying, brokers said. Dialog Axiata also closed flat today at 12.30 rupees, with 1.6 million shares traded. The Colombo All Share Index rose 0.29 percent (18.74 points) to 6,575.74 points, while the Milanka Index of more liquid stocks rose 0.21 percent (14.87 points) to 7,112.70 according to provisional Colombo Stock Exchange data.

Turnover was 4.1 billion rupees. There were 99 gainers and 93 losers, today.

“Interest was seen in index heavy stocks like Aitken Spence, John Keells Holdings and Heyleys by institutional and high-net-worth individuals,” Rakshitha Perera of Bartleet Mallory Stockbrokers said.

Index heavy JKH closed at 292.20 rupees, up 2.00 rupees while Hayleys closed at 353.10 rupees, up 1.70 (0.48 percent) with one million shares changing hands.

Aitken Spence closed at 180.10 rupees, up 0.10 with 10.4 million shares traded accounting for 1.8 billion of the days total turnover.

Commercial Bank closed at 255.50 rupees, up 1.90, Hatton National Bank closed flat at 408.00 rupees, while Sampath Bank closed 283.60 rupees, down 4.60.