Sri Lanka stocks close down 1.04 pct

L to R: Samantha Ranatunga, Chairman, HVA Foods PLC; Jan Müggenburg, Chief Executive Officer, Müggenburg Group; Graham Stork, Chief Executive Officer, HVA Foods PLC; Sarva Ameresekere, Group Chairman, George Steuart & Co. Ltd.

October 10, 2012 (LBO) - Sri Lanka stocks closed down 1.04 percent Wednesday with several blue chip stocks losing ground. Commercial Bank slipped 0.20 cents to close at 111.80 rupees down 0.18 percent. DFCC Bank dropped 1.60 rupees to close at 115.20 rupees down 1.37 percent. Hatton National Bank closed at 113.00 rupees down 0.18 percent.

Dialog Axiata PLC closed flat at 8.80 rupees.

Index heavy John Keells Holdings PLC slipped 5.00 rupees to close at 208.80 rupees down 2.34 percent. The Colombo All Share Index closed at 5,772.52 down 60.80 points and the S & P SL 20 Index closed 16.31 points lower at 3,127.62 down 0.52 percent.

Turnover was 398 million rupees. Top contributors to turnover were JKH with 140 million rupees, Commercial Bank with 54 million rupees and NDB with 15 million rupees.

AVIVA NDB Insurance PLC dropped 32.00 rupees to close at 367.90 rupees down 8.00 rupees.

Aitken Spence PLC slipped 2.20 rupees to close at 132.90 rupees up 1.68 percent.