Sri Lanka stocks down 0.61 pct

(L-R) : Jeevith Senaratne, Director Operations - Star Garment Group; Shanaka Rabel, Group Chief Digital and Transformation Officer - Stretchline Holdings Ltd; Janaka Botejue, Chairman – Bernard Botejue Industries; Sanjeewa Kodikara, Chief Information Officer- Hirdaramani Group

Aug 07, 2012 (LBO) – Sri Lanka stocks closed down Tuesday amid increased interest in Ceylon Tobacco Company at 700 rupees, brokers said. Aviva NDB Insurance PLC gained 15.70 to close at 279.70 up 5.93 percent.

Colombo Dockyard closed flat at 190.00 rupees.

DFCC rose 0.60 cents to close at 110.00 up 0.55 percent. Dialog Axiata closed flat at 6.00 rupees. The All Share Price Index lost 30.28 points to close at 4,898.22 down 0.61 percent. The Milanka Index of more liquid stocks slipped 0.35 percent to close at 4,365.02 and the S&P 20 Index of large cap stocks fell 0.18 percent to close at 2760.95.

The day’s turnover of 319 million rupees was dominated by John Keells Holdings with 98 million rupees, Ceylon Tobacco with 48 million rupees and Tokyo Cement with 27 million rupees.

Ceylon Tobacco saw 40,000 of its shares crossing hands at 700.00 rupees while JKH traded 251,250 shared at 185.00 rupees.

Top gainers for the day were Huejay at 82.00 rupees up 16.47 percent, Sathosa Motors at 199.90 up 10.93 percent.

John Keells Holdings Plc closed flat at 184.90.

Aitken Spence Plc slipped 0.30 percent to close at 109.70 rupees down 0.27 percent.

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