Sri Lanka stocks close up 0.2-pct

July 27, 2015 (LBO) – Sri Lanka’s stocks closed up 0.19 percent on Tuesday, with index heavy stocks making gains, brokers said.

The Colombo benchmark All Share Price Index closed 13.84 points higher at 7,261.07 up 0.19 percent.

The S&P SL20 closed 19.33 points higher at 4,087.00 up 0.48 percent.

Turnover was 1.09 billion rupees, up from 1.08 billion rupees Monday with 103 stocks closing positive against 70 negative.

The main index showed gains in John Keels Holdings closing at 195.10 rupees, up 1.30 rupees with over 1.31 shares traded.

Ceylon Tobacco closed at 915.50 rupees, up 15.50 rupees.

“Foreign investors were net sellers of 213 million rupees worth of equities and foreign activity represented 23 perecnt of the market turnover,” lanka Securities said.

“Net foreign outflows were mainly seen in John Keells Holdings 193 million rupees, Laugfs – nonvoting 43 million rupees and Hemas Holdings 9 million rupees while top net inflows were seen in Sampath Bank 16 million rupees.”

In banking stocks, Commercial bank closed at 170.00 rupees, up 0.50 rupees and DFCC closed at 197.00 rupees, up 1.00 rupees.

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