Sri Lanka stocks close flat

Mar 31, 2014 (LBO) – Sri Lanka’s stocks close flat Monday with thin foreign activity on the bourse, brokers said. The Colombo benchmark All Share Price Index closed 3.86 points lower at 5,968.31 down 0.06 percent. The S&P SL20 closed 1.25 points higher at 3,279.92, up 0.04 percent.

Turnover was 464.39 million rupees, down from 3.29 billion rupees last Friday with 74 stocks close positive against 105 negative.

Commercial Bank closed 10 cents higher at 123.00 rupees with market transactions of 48.80 million rupees contributing to 11 percent of the daily turnover.

Foreign investors bought 113.96 million rupees worth shares while selling 58.15 million rupees worth shares.

Hatton National Bank closed 6.10 rupees lower at 150.00 rupees and Sri Lanka Telecom closed 70 cents lower at 46.10 rupees.

Ceylon Tea Services closed 38.90 rupees lower at 660.10 rupees and Nestle Lanka closed 12.10 rupees lower at 1,997.90 rupees.

Lanka Ashok Leyland closed 207.00 rupees lower at 1,292.00 rupees.

Bukit Darah closed 19.90 rupees higher at 590.90 rupees and John Keells Holdings closed 2.00 rupees higher at 227.00 rupees.

JKH’s W0022 warrants closed 2.30 rupees higher at 68.60 rupees and its W0023 warrants closed 70 cents higher at 71.90 rupees.

Ceylinco Insurance closed 79.00 rupees higher at 1,400.00 rupees and Asiri Hospital Holdings closed 50 cents higher at 22.20 rupees.

Alumex which commenced trading in stock exchange on Monday reached a high of 15.20 rupees and closed 20 cents higher at 14.20 rupees.