Sri Lanka stocks end higher

Sri Lankan Police forming a human chain in parliament to protect the Speaker and enable a vote.

Dec 26, 2013 (LBO) – Sri Lanka stocks close higher Thursday with diversified stocks gaining, brokers said. Trans Asia Hotels closed 2.00 rupees lower at 78.00 rupees and Asian Hotels and Properties ended 10 cents lower at 64.40 rupees.

The Colombo benchmark All Share Price Index closed 2.56 points higher at 5,848.49, up 0.04 percent. The S&P SL20 closed 2.01 points lower at 3,223.12, down 0.06 percent.

Turnover was 114.93 million rupees, down from 246.38 million rupees last Tuesday, with stocks of 84 firms closing in the red against 91 gainers.

Commercial Bank closed 50 cents lower at 121.10 rupees with an off market transaction of 59.17 million rupees contributing to 51 percent of turnover.

Blue Diamonds closed flat at 3.60 rupees, attracting most number of trades during the day.

Foreigners bought 66 million rupees worth shares while selling 12 million rupees of shares.

Ceylon Tobacco Company closed 15.80 rupees higher at 1,142.00 rupees and Aitken Spence closed 2.00 rupees higher at 103.00 rupees, contributing most to the index gain.

Distilleries closed 4.80 rupees lower at 190.20 rupees and Bukit Darah closed 1.00 rupee higher at 615.10 rupees.

JKH closed 1.20 rupees lower at 220.00 rupees and John Keells Hotels closed 30 cents lower at 12.20 rupees.

JKH’s W0022 warrants closed flat at 67.60 rupees and its W0023 warrants closed 80 cents higher at 83.20 rupees.

Carson Cumberbatch closed flat at 342.00 rupees and Lion Brewery closed 4.50 rupees lower at 351.00 rupees.

Nestle Lanka closed 1.30 rupees lower at 2,110.00 rupees and Cargills Ceylon closed 50 cents higher at 146.50 rupees.

Lanka Orix Leasing Company closed 60 cents lower at 74.20 rupees and HNB closed 1.00 rupee higher at 143.00 rupees.

Sampath Bank closed 1.50 rupees lower at 168.50 rupees and DFCC closed 20 cents lower at 126.80 rupees.