Sri Lanka stocks close flat

(L-R) : Jeevith Senaratne, Director Operations - Star Garment Group; Shanaka Rabel, Group Chief Digital and Transformation Officer - Stretchline Holdings Ltd; Janaka Botejue, Chairman – Bernard Botejue Industries; Sanjeewa Kodikara, Chief Information Officer- Hirdaramani Group

Aug 10, 2012 (LBO) – Sri Lanka stocks closed flat Friday with the All Share Price Index gaining 2.34 points to close at 4,854.22 marginally up 0.05 percent. The Milanka index of more liquid stocks closed up 0.38 percent at 4,370.88. The S&P index of large cap stocks lost 5.08 points to close at2734.21 down 0.19 percent.

Friday’s turnover was 168 million rupees. Highest contributors to turnover were HNB with27 million rupees, Pan Asia Bank with 13 million rupees and E-Channeling with 10 million rupees.

Most active counters for the day were Swarnamahal Financial Services, Free Lanka Capital Holdings and Coco Lanka, brokers said.

Aitken Spence PLC gained 1.00 rupee to close at 110.00 rupees up 0.92 percent.

Aviva NDB Insurance PLC closed flat at 287.30 rupees.

Ceylon Tobacco Company PLC dropped 6.60 rupees to close at 678.30 down 0.96 percent.

Colombo Dockyard PLC closed flat at 185.00 rupees.

Commercial Bank of Ceylon gained 0.40 cents to close at 98.00 rupees while DFCC slipped 1.50 cents to close at 108.20 down 1.37 percent.

Dialog Axiata PLC closed flat at 6.00 rupees. HNB gained 0.50 cents to close at 132.00 up 0.38 percent.

JKH PLC closed flat at 185.00 rupees.

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