Thursday, 30 January 2014

Sri Lanka stocks close down 0.4-pct

Jan 30, 2014 (LBO) – Sri Lanka stocks close 0.40 percent lower Thursday with tobacco and hotel stocks losing ground amid strong foreign selling and Fed’s stimulus cut, brokers said.

The Colombo benchmark All Share Price Index closed 24.88 points lower at 6,227.26, down 0.40 percent. The S&P SL20 closed 12.13 points lower at 3,444.56, down 0.35 percent.

Turnover was 808.33 million rupees, down from 809.31 million rupees a day earlier, with stocks of 122 firms closing in the red against 69 gainers.

Aitken Spence closed 90 cents lower at 100.10 rupees with four off market transactions of 165 million rupees contributing to 20 percent of the turnover.

The aggregate value of all off market deals accounted for 30 percent of the daily market turnover.

Union Bank closed 20 cents lower at 19.70 rupees and Nation Lanka Finance closed 50 cents higher at 9.50 rupees, attracting most number of trades during the day.

Foreigners bought 88 million rupees worth shares while selling 304 million rupees of shares.

Ceylon Tobacco Company closed 25.60 rupees lower at 1,300.00 rupees and Asian Hotels and Properties closed 2.90 rupees lower at 63.10 rupees, contributing most to the index drop.

Cargills Ceylon closed 4.90 rupees lower at 150.10 rupees and Aitken Spence Hotel Holdings closed 2.40 rupees lower at 69.50 rupees.

Carson Cumberbatch ended 60 cents lower at 345.20 rupees and JKH closed 70 cents lower at 240.00 rupees.

JKH’s W0022 warrants closed 2.40 rupees lower at 75.30 rupees and its W0023 warrants closed 1.10 rupees lower at 79.90 rupees.

Asiri Hospital Holdings closed 80 cents higher at 19.10 rupees and Ceylinco Insurance ended 31.30 rupees higher at 1,371.30 rupees.

Nestle Lanka ended 11.00 rupees higher at 2,150.00 rupees and Bukit Darah ended 2.80 rupees higher at 614.80 rupees.

Nations Trust Bank closed 1.90 rupees higher at 66.90 rupees and Commercial Bank closed 60 cents lower at 127.00 rupees.

Distilleries closed 90 cents higher at 211.00 rupees and troubled Touchwood Investments ended flat at 3.10 rupees.

Vallibel Power closed 20 cents higher at 5.90 rupees with its interim accounts showing 134.48 million rupees of profit for the third quarter, a 15 percent growth over the previous year.

Earnings per share of the company have increased to 0.18 rupees from 0.16 rupees along with 127 percent growth in its 9 months profits over the same period the previous year.

No comments:

Post a Comment