Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

Sri Lanka stocks close up 0.3-pct

Jan 31, 2014 (LBO) - Sri Lanka stocks close higher Friday with healthcare and beverage firms gaining amid improved US growth numbers, brokers said. The Colombo benchmark All Share Price Index closed 20.82 points higher at 6,248.08, up 0.33 percent. The S&P SL20 closed 1.62 points lower at 3,442.94, down 0.05 percent.

Turnover was 1.33 billion rupees, up from 808.33 million rupees a day earlier, with stocks of 79 firms closing in the red against 116 gainers.

Brown and Company closed 50 cents lower at 91.00 rupees with an off market transaction of 89.15 million rupees contributing to 6.7 percent of the turnover.

The aggregate value of all off market deals accounted for 17 percent of the daily market turnover.

Commercial Credit closed 1.50 rupees higher at 17.60 rupees and Trade Finance closed 1.40 rupees higher at 19.70 rupees, attracting most number of trades during the day.

Foreigners bought 429 million rupees worth shares while selling 220 million rupees of shares.

Asiri Hospital Holdings closed 1.60 rupees higher at 20.70 rupees and Nestle Lanka ended 31.60 rupees higher at 2,181.60 rupees, contributing most to the index gain.

Aitken Spence closed 3.30 rupees higher at 103.40 rupees and JKH closed flat at 240.00 rupees.

JKH’s W0022 warrants closed 1.20 rupees lower at 74.10 rupees and its W0023 warrants closed 1.80 rupees lower at 78.10 rupees.

Ceylon Tobacco Company closed 12.10 rupees lower at 1,287.90 rupees and Distilleries closed 1.00 rupee lower at 210.00 rupees.

Dialog closed 30 cents lower at 9.20 rupees and LOLC closed flat at 74.50 rupees.

Cargills Ceylon closed 3.80 rupees higher at 153.90 rupees and Carson Cumberbatch ended 20 cents lower at 345.00 rupees.

Bukit Darah ended 2.20 rupees lower at 612.60 rupees and Commercial Bank closed flat at 127.00 rupees.

The Finance Company ended flat at 13.40 rupees with the company looking forward to separate it’s financing and real estate business.

Lanka Walltiles closed 1.00 rupee lower at 68.00 rupees despite its interim accounts recording 203.05 million rupees of profit for the third quarter.

Earnings per share of the tiles manufacturer have increased from 4.75 rupees to 5.77 rupees along with a 21.6 percent growth in its 9 months profits over the previous year.

Lanka Tiles closed 80 cents higher at 82.80 rupees after its provisional accounts reporting 196.89 million rupees of profit for the third quarter, a 22.2 percent increase against the previous year.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x