Sri Lanka stocks close down 1.2 -pct

June 07, 2013 (LBO) - Sri Lanka's stocks closed down 1.02 percent on Friday with profit taking by high net individuals and retail investors and losses continuing in the heavy index companies, brokers said.
The benchmark Colombo All Share Index closed 64.95 points lower at 6,307.43 and the S&P SL 20 Index closed 45.87 points lower at 3,550.47 down 1.28 percent.

Turnover was 884 million rupees up from 1.3 billion day earlier.

Foreigners brought 411 million rupees worth shares while selling 744 million rupees of shares, in a day that 65 stocks advanced and 149 stocks declined.

Losses in the heavy index companies contributed most to the index fall with John Kells Holdings closing at 265.00 rupees down 08.20 and Dialog Axiata closing down 0.30 cents at 09.00 rupees.

Nestle Lanka was the top gainer Friday gaining 19.90 rupee to close at 2000.00 rupees.

The main crossings were recorded by Cargills closing at 180.00 rupees down 0.60 rupees with a crossing of one million shares at180.00 rupees. Valliable One closed flat at 19.10 rupees with a 1.7 million shares being traded.

Commercial Bank of Ceylon closed at 120.10 rupees down 2.80 rupees with over 988,000 shares traded. Hatton National Bank closed at 169.00 rupees per share down 0.30 cents.

DFCC Bank closed at 141.00 rupees down 1.80 rupees and National Development Bank closed at 171.90 rupees, down 90 cents.

Union Bank of Colombo flat at 19.10 rupees and Sampath Bank lost 2.10 rupees to close at 217.20 rupees.

Distilleries Company lost 1.80 rupees to close at 195.10 rupees and Ceylon Tobacco Company too lost 19.40 rupees to close at 955.60 rupees.

Aitken Spence closed at 134.50 down 40 cents. Browns Investments closed flat at 03.30 rupees.



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