Sri Lanka stocks close down 0.1-pct  

Dec 08, 2015 (LBO) – Sri Lankan stocks closed down at 0.14 percent with losses in Ceylon Tobacco Company and Distilleries Company, brokers said. The Colombo benchmark All Share Price Index closed down 9.54 points at 6,849.09 down 0.14 percent. S&P SL20 closed 20.77 points higher at 3,653.70 up 0.57 percent. Turnover was at 982 million rupees, lower than the daily average of 1.1 billion rupees with 60 stocks closing positive against 84 negative. The main index showed losses in Ceylon Tobacco Company closing at 980.00 rupees, down 19.10 rupees and Distilleries Company closing at 260.00 rupees, down 5.00 rupees. Sri Lanka Telecom closed at 46.10 rupees, down 0.40 rupees and Commercial Bank closed at 140.50 rupees, down 0.20 rupees. John Keells Holdings closed at 179.50 rupees, down 0.20 rupees. The day’s performance was dominated by CIC voting and non-voting shares and both counters witnessed gains and accounted for 52 percent of the market turnover. CIC voting closed 10 percent higher at 110.00 rupees while CIC non-voting closed 16 percent higher at 89.00 rupees. Active trading was seen in Ceylon Grain Elevators 90.70 rupees up 2.6 percent and Access Engineering 22.50 rupees, up 0.50 percent. Foreign investor was net buyers today with a net inflow of 13 million rupees and foreign participation was mild at 15 percent. Top net inflows were seen in John Keells Holdings 62 million rupees, Hatton National Bank 14 million rupees and Lion Brewery 13 million rupees while top net outflow was seen in Commercial Bank 60 million rupees.