Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

Sri Lanka shares close up 0.1-pct

Aug 12, 2014 (LBO) - Sri Lanka's shares closed in a positive territory on Tuesday with index heavy tobacco stocks gaining amid net foreign buying, brokers said.

The Colombo benchmark All Share Price Index closed 4.98 points higher at 6,947.90, up 0.07percent. The S&P SL20 closed 1.02 points lower at 3,817.52, down 0.03 percent.

Turnover was 1.20 billion rupees, up from 1.15 billion rupees a day earlier with 66 stocks closed positive against 125 negative.

Nations Trust Bank closed 70 cents higher at 82.10 rupees with two off-market transactions of 91.84 million rupees changing hands at 82.00 rupees per share contributing 8 percent of the daily turnover.

John Keells Holdings closed 1.50 rupees lower at 238.00 rupees with two off-market transactions of 91.30 million rupees changing hands at 239.50 rupees per share also contributing 8 percent to the turnover.

JKH’s W0022 warrants closed 30 cents lower at 70.50 rupees and its W0023 warrants closed 1.70 rupees higher at 77.70 rupees.

The aggregate value of all off-the-floor deals represented 24 percent of the turnover.

Malwatte Valley Plantations closed 20 cents higher at 5.00 rupees and Nation Lanka Finance closed 20 cents lower at 7.10 rupees, attracting most number of trades during the day.

Foreign investors bought 292.23 million rupees worth shares while selling 127.70 million rupees worth shares.

Ceylon Tobacco Company closed 47.70 rupees higher at 1,197.70 rupees, contributing most to the index gain.

Vallibel One has disposed its 50 percent stake in Orit Apparels Lanka (OAL) on Monday recording a net capital gain of 137.97 million rupees, the company said in a stock exchange filing.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x