Trading Tuesday
July 01, 2014 (LBO) - Sri Lanka's shares closed 0.04 percent lower on Tuesday boosting turnover to an eight-week high amid strong foreign buying mainly into John Keells Holdings, brokers said.The Colombo benchmark All Share Price Index closed 2.61 points lower at 6,376.01, down 0.04 percent. The S&P SL20 closed 9.13 points higher at 3,543.56, up 0.26 percent.
Turnover was 4.72 billion rupees, up from 1.45 billion rupees a day earlier with 85 stocks closed positive against 89 negative.
John Keells Holdings closed 2.40 rupees higher at 222.30 rupees with nineteen off-market transactions of 2.07 billion rupees changing hands at 220.00 rupees per share contributing 44 percent of the daily turnover.
The diversified conglomerate also had market transactions of 667.87 million rupees contributing 14 percent of the turnover.
JKH’s W0022 warrants closed 2.30 rupees higher at 62.20 rupees and its W0023 warrants closed 30 cents higher at 71.40 rupees.
The aggregate value of all off-the-floor deals represented 65 percent of the turnover.
Adam Investments closed 40 cents lower at 5.50 rupees, attracting most number of trades during the day.
Foreign investors bought 2.04 billion rupees worth shares, extending the year-to-date net foreign inflows to 7 billion rupees.
Foreign investors sold 1.01 billion rupees worth shares.Ceylon Tobacco Company closed 10.60 rupees lower at 1,053.30 rupees and oil palm firm Shalimar (Malay) closed 217.10 rupees lower at 2,227.50 rupees, contributing most to the index drop.
Sri Lanka Telecom closed 80 cents lower at 47.20 rupees and Dialog Axiata closed 10 cents lower at 10.40 rupees.
Ceylinco Insurance closed 42.30 rupees lower at 1,307.70 rupees and Commercial Bank closed 1.40 rupees higher at 142.00 rupees.
Nestle Lanka closed 18.90 rupees higher at 1,999.00 rupees.
0 Response to "Trading Tuesday"
Post a Comment