Sri Lanka stocks close weaker

Mar 10, 2014 (LBO) – Sri Lanka’s stocks close 0.14 percent lower Monday with Sri Lanka Telecom and John Keells Holdings losing ground, brokers said. The Colombo benchmark All Share Price Index closed 8.45 points lower at 5,957.61 down 0.14 percent. The S&P SL20 closed 7.30 points higher at 3,252.29, up 0.22 percent.

Turnover was 304.30 million rupees, up from 233.28 million rupees last Friday with 64 stocks close positive against 93 negative.

Foreign investors bought 149.04 million rupees worth shares while selling 116.48 million rupees of shares.

Blue Diamonds closed 20 cents higher at 3.40 rupees and Touchwood Investments closed 10 cents lower at 2.60 rupees, attracting most number of trades during the day.

SLT closed 70 cents lower at 44.10 rupees and JKH closed 1.00 rupee lower at 227.00 rupees, contributing most to the index drop.

JKH’s W0022 warrants closed 1.00 rupee lower at 63.70 rupees and its W0023 warrants closed 10 cents lower at 67.90 rupees.

Commercial Leasing and Finance closed 10 cents lower at 3.90 rupees and Commercial Bank closed 50 cents higher at 115.50 rupees.

Dialog Axiata closed 10 cents higher at 9.10 rupees and Bukit Darah closed 5.00 rupees higher at 545.00 rupees.

Ceylon Tobacco Company closed 2.30 rupees lower at 1,120.00 rupees and Distilleries closed 50 cents lower at 203.50 rupees.