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Abdul Mujeeb
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| Sri Lanka stocks close up 0.6-pct |
Sri Lanka's stocks close 0.61 percent higher on Friday with
beverage stocks gaining despite low foreign participation, brokers said.
Ceylon Tobacco Company closed 16.20 rupees higher at 1,197.20 rupees and Nestle
Lanka closed 48.00 rupees higher at 2,148.00 rupees, contributing most to the
index gain.The Colombo benchmark All Share Price Index closed 42.33 points
higher at 7,034.09, up 0.61 percent. The S&P SL20 closed 26.64 points
higher at 3,872.51, up 0.69 percent.
Turnover was 1.14 billion rupees, up from 888.75 million rupees a
day earlier with 118 stocks closed positive against 79 negative.
Commercial Bank of Ceylon closed 1.90 rupees higher at 148.00
rupees with three off-market transactions of 102.00 million rupees changing
hands at 148.00 rupees per share contributing 9 percent of the daily turnover.
Sanasa Development Bank closed 10.70 rupees higher at 103.50
rupees, attracting most number of trades during the day.
Foreign investors bought 165.47 million rupees worth shares while
selling 64.13 million rupees worth shares.
Lion Brewery Ceylon closed 26.70 rupees higher at 632.30 rupees.
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