Sri Lanka stocks close lower

Aug 01, 2014 (LBO) – Sri Lanka’s stocks closed 0.06 percent lower with Ceylon Tobacco Company losing ground amid net foreign selling, brokers said.

The Colombo benchmark All Share Price Index closed 3.77 points lower at 6,810.13, down 0.06 percent. The S&P SL20 closed 13.09 points lower at 3,759.42, down 0.35 percent.

Turnover was 775.04 million rupees, down from 1.05 billion rupees a day earlier with 110 stocks closed positive against 80 negative.

Laugfs Gas non-voting closed 50 cents higher at 30.70 rupees with an off-market transaction of 61.00 million rupees changing hands at 30.50 rupees per share contributing 8 percent of the daily turnover.

The aggregate value of all off-the-floor deals represented 18 percent of the turnover.

Central Investments and Finance closed 30 cents higher at 1.70 rupees, attracting most number of trades during the day.

Foreign investors bought 105.26 million rupees worth shares while selling 183.13 million rupees worth shares.

Ceylon Tobacco Company closed 17.70 rupees lower at 1,130.60 rupees, contributing most to the index drop.

Lion Brewery Ceylon closed 14.90 rupees lower at 625.00 rupees and John Keells Holdings closed 1.30 rupees lower at 235.50 rupees.

JKH’s W0022 warrants closed 10 cents higher at 64.10 rupees and its W0023 warrants closed 70 cents lower at 71.50 rupees.

Commercial Leasing and Finance closed 20 cents lower at 4.30 rupees and Commercial Bank closed 1.00 rupee lower at 144.00 rupees.

Sri Lanka Telecom closed 2.40 rupees higher at 56.50 rupees.

Notify of
Inline Feedbacks
View all comments