Sri Lanka stocks close up 0.4-pct

Jan 20, 2014 (LBO) – Sri Lanka stocks close up 0.42 percent Monday reversing last Friday’s losses with index heavy stocks gaining, brokers said. Cargills Ceylon closed 50 cents lower at 146.00 rupees and Bukit Darah closed 5.00 rupees higher at 620.00 rupees.

Lion Brewery Ceylon closed 1.00 rupee lower at 379.00 rupees and Aitken Spence remain unchanged at 105.00 rupees.

NDB closed 20 cents lower at 182.00 rupees and HNB closed 90 cents higher at 159.00 rupees.

The Colombo benchmark All Share Price Index closed 25.63 points higher at 6,156.68, up 0.42 percent. The S&P SL20 closed 17.77 points higher at 3,425.71, up 0.52 percent.

Turnover was 675.77 million rupees, down from 1.64 billion rupees last Friday, with stocks of 97 firms closing in the red against 85 gainers.

Chevron Lubricants closed 60 cents higher at 280.60 rupees and topped the off market turnover list with two transactions of 119.65 million rupees contributing to 18 percent of the turnover today.

JKH ranked first in the market transactions list with 52.85 million rupees contributing to 8 percent of the turnover.

The Finance Company closed 50 cents lower at 13.60 rupees and Lanka Orix Finance closed 40 cents higher at 3.70 rupees, attracting most number of trades during the day.

Foreigners bought 233 million rupees worth shares while selling 280 million rupees of shares.

Diversified JKH closed 4.70 rupees higher at 242.70 rupees and Carson Cumberbatch ended 19.50 rupees higher at 369.50 rupees, contributing most to the index gain.

JKH’s W0022 warrants closed flat at 79.90 rupees and its W0023 warrants closed 20 cents higher at 84.80 rupees.

Commercial Leasing and Finance closed 60 cents higher at 4.50 rupees and Lanka Orix Leasing Company closed 1.00 rupee higher at 73.50 rupees.

Ceylon Tobacco Company closed 2.10 rupees higher at 1,203.70 rupees and Dialog dropped 10 cents to 9.20 rupees.

Nestle Lanka ended 21.60 rupees lower at 2,117.90 rupees and Distilleries ended 3.00 rupees lower at 200.00 rupees.