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Sri Lanka stocks end weaker

Dec 23, 2013 (LBO) - Sri Lanka stocks close in the red Monday with tobacco and diversified stocks falling, brokers said. Lanka Orix Leasing Company closed flat at 72.80 rupees and Aitken Spence closed 4.90 rupees higher at 100.00 rupees.

Aitken Spence Hotel Holdings closed flat at 65.20 rupees and Asian Hotels and Properties closed 1.00 rupee higher at 65.00 rupees.

Distilleries closed flat at 195.00 rupees and Bukit Darah closed 5.90 rupees lower at 614.10 rupees.

Nestle Lanka closed 5.70 rupees higher at 2,111.00 rupees and Cargills Ceylon closed 1.90 rupees lower at 146.10 rupees.

DFCC closed 2.00 rupees lower at 126.00 rupees and NDB closed 60 cents higher at 160.60 rupees.

HNB closed 1.30 rupees lower at 141.10 rupees and Sampath Bank closed 20 cents lower at 170.10 rupees.

The Colombo benchmark All Share Price Index closed 10.94 points lower at 5,846.42, down 0.19 percent. The S&P SL20 closed 0.57 points higher at 3,228.74, up 0.02 percent.

Turnover was 267.84 million rupees, down from 1.05 billion rupees last Friday, with stocks of 103 firms closing in the red against 65 gainers.

Commercial Bank closed 1.90 rupees higher at 121.90 rupees with market transactions of 66.13 million rupees contributing to 25 percent of total turnover.

Hayleys closed flat with an off market transaction of 46.26 million rupees contributing to 17 percent of turnover.

Blue Diamonds closed 30 cents higher at 3.50 rupees attracting most number of trades during the day.

Foreigners bought 128 million rupees worth shares while selling 45 million rupees of shares.

Ceylon Tobacco Company closed 16.00 rupees lower at 1,128.00 rupees and Carson Cumberbatch closed 7.80 rupees lower at 342.20 rupees, contributing most to the index drop.

Lion Brewery closed 14.40 rupees lower at 355.60 rupees and JKH closed 1.40 rupees lower at 221.60 rupees.

JKH’s W0022 warrants closed 1.00 rupee lower at 67.50 rupees and its W0023 warrants closed flat at 82.50 rupees.

Ceylinco Insurance closed 117.70 rupees higher at 1,347.70 rupees.

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