Sri Lanka stocks end down 0.2-pct

Mar 12, 2014 (LBO) – Sri Lanka’s stocks close 0.19 percent lower Wednesday with leading food and beverage company losing ground, brokers said. SLT closed 70 cents lower at 44.00 rupees and Dialog Axiata closed flat at 9.00 rupees.

Asian Hotels and Properties closed 1.00 rupee lower at 58.00 rupees and John Keells Holdings closed 50 cents lower at 224.50 rupees.

JKH’s W0022 warrants closed 10 cents higher at 62.10 rupees and its W0023 warrants closed 30 cents higher at 65.80 rupees.

Bukit Darah closed 12.10 rupees higher at 550.10 rupees and Ceylon Tobacco Company closed 1.00 rupee lower at 1,140.00 rupees. The Colombo benchmark All Share Price Index closed 11.05 points lower at 5,933.52 down 0.19 percent. The S&P SL20 closed 3.83 points lower at 3,236.29, down 0.12 percent.

Turnover was 408.01 million rupees, down from 804.56 million rupees a day earlier with 84 stocks close positive against 72 negative.

Commercial Bank closed 10 cents higher at 115.10 rupees with two off market transactions of 105.26 million rupees contributing to 26 percent of the turnover.

Nation Lanka Finance closed 40 cents higher at 8.20 rupees, attracting most number of trades during the day.

Foreign investors bought 258.02 million rupees worth shares while selling 162.75 million rupees of shares.

Nestle Lanka closed 40.00 rupees lower at 2,000.00 rupees and C T Holdings closed 8.90 rupees lower at 130.10 rupees, contributing most to the index drop.