Sri Lanka stocks closed marginally lower with high turnover.
Friday, December 4th, 2009 at
5:01 pm
At the end of the Friday’s trading ASI closed at 3000.33, down 4.48 points. MPI gained 0.78 points to close at 3415.96. Turnover still over billion mark at Rs 1.04 billion.
John Keells Holdings (JKH) continues to trade in high volumes & traded 4,432,900 shares. JKH closed 50 cents lower at Rs 152.00. Distilleries Company of Sri Lanka traded 1,269,400 shares & closed 25 cents higher at Rs 95.00. Distilleries is a one of best stock that I am focusing right now. Once they receive their amount due from Sri Lanka Government on SLIC, this stock definitely go up.
Rarely traded Watapota Investments Plc was up by Rs 200.00 to close at Rs 700.00. Asiri Central Hospitals closed at Rs 101.50, up 10.50. Kalani Cables Plc closed Rs 8.00 higher at Rs 168.00 on 100 shares.
Aitken Spence Plc was down by 5.75 to close at Rs 894.25 while Chevron Lubricant Lanka Plc lost 4.50 to end the day at Rs 225.00.
Meanwhile The Finance Company (TFC) has announced that their long term rating was downgraded by Fitch Rating Lanka to C (LKA) from BB+ (LKA). TFC is currently managed by Merchant Bank of Sri Lanka Plc.
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Filed under: Stock Market Today.
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