Sri Lanka stocks close down 0.10-pct

June 24, 2013 (LBO) – Sri Lanka’s stocks closed down at 0.10 percent on Monday continuing its downward trend from the previous week with investors taking profit and losses in the heavy index stocks, brokers said.

Distilleries Company crossed closed at 192.80 rupees down 1.50 rupees and The Lions Brewery closed at 392.30 rupees up by 6.70 rupees.

The benchmark Colombo All Share Index closed 05.89 points lower at 6,149.38 and the S&P SL 20 Index closed 5.73 points higher at 3,472.30 up 0.17 percent.

Turnover was 200 million rupees down from 564 million on Friday.

Foreigners brought 77 million rupees worth shares while selling 30 million rupees in a day that 58 stocks advanced and 117 stocks declined.

Carsons Cumberbatch contributed most to the index closing at 446.80 rupees up 11.10, Nestle Lanka gained 19.80 rupees to close at 1338.80 rupees and George Steuart Finance closed at 599.00 rupees up 38.90 rupees.

Negative contributors included John Keells Holding losing 1.10 rupees to close at 264.00 rupees, Ceylon Tobacco Company closed at 1000.00 rupees down by 4.90 rupees Sri Lanka Telecom lost 50 cents to close at 40.00 rupees.

Pan Asia closed at 19.30 rupees down 30 cents. Union Bank of Colombo closed at 17.80 rupees down 20 cents. Sampath Bank closed at 202.50 rupees down up 40 cents and Commercial Bank of Ceylon gained 60 cents to close at 115.90.