Sri Lanka stocks end 0.3-pct higher

Dec 30, 2013 (LBO) – Sri Lanka stocks close higher Monday with tobacco and diversified stocks gaining amid strong foreign buying on the board, brokers said. The Colombo benchmark All Share Price Index closed 22.54 points higher at 5,899.20, up 0.38 percent. The S&P SL20 closed 26.82 points higher at 3,267.45, up 0.83 percent.

Turnover was 515.26 million rupees, down from 1.33 billion rupees last Friday, with stocks of 64 firms closing in the red against 97 gainers.

JKH topped the turnover list with market transactions of 118 million rupees contributing to 23 percent of total turnover.

The company also had 81 million rupees of off market transactions contributing to 16 percent of total turnover.

JKH’s W0022 warrants closed 5.10 rupees higher at 79.30 rupees and its W0023 warrants closed 5.40 rupees higher at 94.90 rupees, attracting most number of trades during the day.

Foreigners bought 232 million rupees worth shares while selling 55 million rupees of shares.

Ceylon Tobacco Company closed 51.80 rupees higher at 1,180.40 rupees and JKH closed 5.50 rupees higher at 230.50 rupees, contributing most to the index gain.

Distilleries closed 4.70 rupees higher at 195.00 rupees and Carson Cumberbatch closed 1.00 rupee higher at 345.00 rupees.

Bukit Darah closed 1.90 rupees higher at 617.80 rupees and Cargills Ceylon closed 2.00 rupees higher at 150.00 rupees.

Nestle Lanka closed 29.90 rupees lower at 2,101.10 rupees and Lion Brewery closed 80 cents higher at 359.90 rupees.

Aitken Spence closed 1.50 rupees lower at 102.00 rupees and Sri Lanka Telecom closed 30 cents higher at 37.00 rupees.

Commercial Bank closed 1.20 rupees higher at 122.10 rupees and HNB closed flat at 143.00 rupees.

Lanka Orix Leasing Company closed 3.80 rupees lower at 71.20 rupees and Commercial Leasing and Finance closed 20 cents lower at 3.80 rupees.

Sampath Bank closed 2.80 rupees higher at 171.80 rupees and DFCC closed 1.20 rupees higher at 127.70 rupees.

Notify of
Inline Feedbacks
View all comments