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 end lower

Dec 05, 2013 (LBO) - Sri Lanka stocks closed lower Thursday with diversified stocks losing ground despite strong foreign buying, brokers said. HNB closed flat at 143.50 rupees and Touchwood Investments closed 20 cents higher at 3.10 rupees. The Colombo benchmark All Share Price Index closed 2.34 points lower at 5,780.58, down 0.04 percent. The S&P SL20 closed 3.43 points lower at 3,161.62, down 0.11 percent.

Turnover was 1,321.58 million rupees, up from 794.49 million rupees a day earlier, with stocks of 75 firms closing in the red against 79 gainers. Commercial Leasing and Finance closed 10 cents higher at 3.90 rupees with an off market transaction of 450 million rupees contributing to 34 percent of total turnover.

JKH closed flat at 210.00 rupees attracting more retail investor interest during the day. Foreigners brought 607 million rupees worth shares while selling 315 million rupees of shares.

Lanka Orix Leasing Company closed 3.50 rupees lower at 74.00 rupees and Bukit Darah closed 9.70 rupees lower at 615.30 rupees, contributing most to the index drop.

Chevron Lubricants closed 5.00 rupees lower at 265.00 rupees and Asian Hotels and Properties closed 1.20 rupees lower at 66.80 rupees.

Vallibel Power closed 50 cents lower at 5.80 rupees.

Ceylinco Insurance closed 71.30 rupees higher at 1,321.30 rupees and Distilleries closed 3.00 rupee higher at 189.00 rupees.

Commercial Bank closed 50 cents higher at 115.50 rupees and Nestle Lanka closed 6.40 rupees higher at 1,950.00 rupees.

JKH’s W0022 warrants closed 2.00 rupees higher at 61.00 rupees and its W0023 warrants closed 5.00 rupees higher at 71.00 rupees.

Ceylon Tobacco Company closed 1.50 rupees higher at 1,116.50 rupees and Lanka IOC closed 60 cents higher at 32.40 rupees. NDB closed flat at 160.00 rupees and Aitken Spence Hotel Holdings closed flat at 63.50 rupees.

Carson Cumberbatch closed 1.70 rupees lower at 348.20 rupees and Cargills Ceylon closed 1.60 rupees lower at 145.10 rupees.

Dialog Axiata closed flat at 9.00 rupees and Sri Lanka Telecom closed flat at 38.00 rupees and Sampath Bank closed 20 cents lower at 166.70 rupees and DFCC closed 20 cents higher at 122.00 rupees.

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