Sri Lanka stocks end down 0.2-pct

Minister appoints Dr Swaminathan to IPACSL as Chairperson

Apr 25, 2014 (LBO) – Sri Lanka’s stocks end 0.17 percent lower with tobacco and diversified stocks losing ground amid thin foreign activity, brokers said. The Colombo benchmark All Share Price Index closed 10.32 points lower at 6,167.81 down 0.17 percent. The S&P SL20 closed 6.59 points lower at 3,387.97, down 0.19 percent.

Turnover was 906.28 million rupees, down from 1.13 billion rupees a day earlier with 94 stocks close positive against 85 negative.

Sunshine Holdings closed 1.80 rupees higher at 30.90 rupees with two off market transactions of 330.00 million rupees contributing to 36 percent of the daily turnover.

All off market transactions accounted for 40 percent of the total turnover.

George Steuart Finance closed 26.70 rupees higher at 80.10 rupees, trading heavily on the market.

Foreign investors bought 77.35 million rupees worth shares while selling 85.56 million rupees worth shares.

Ceylon Tobacco Company closed 34.50 rupees lower at 1,065.50 rupees and John Keells Holdings closed 2.60 rupees lower at 234.90 rupees, contributing most to the index drop.

JKH’s W0022 warrants closed 1.00 rupee higher at 67.90 rupees and its W0023 warrants closed 60 cents lower at 73.00 rupees.

Bukit Darah closed 15.00 rupees lower at 580.00 rupees and Commercial Leasing and Finance closed 10 cents lower at 3.80 rupees.

Lion Brewery Ceylon closed 33.00 rupees higher at 423.10 rupees and Finlays Colombo closed 41.50 rupees higher at 299.80 rupees.

Central Finance Company closed 7.40 rupees higher at 192.90 rupees and NDB closed 3.80 rupees higher at 191.80 rupees.

DFCC closed 1.20 rupees higher at 157.70 rupees.