Aug 30, 2013 (LBT) - Indices closed on marginal ground: The indices moved on a relatively stagnant pattern as the ASPI closed on marginal grounds at 5,834.04 (+8.98 points). Gains recorded in Carsons Cumberbatch (+3.14), Nestle Lanka (+1.64%), Commercial leasing & Finance (+5.56%) and Sri Lanka Telecom (+1.26%) weighed positively on the performance of the benchmark index. Price dip in heavy cap; Ceylon Tobacco Company (-2.5%) contributed to the negative performance of the S&P SL20 index which dipped marginally by 3.63 points to end at 3,261.33.
LFIN only crossing: LB Finance recorded the sole crossing for the day with 225k shares changing hands at LKR120.0 while the crossing contributed only 7.6% to the day’s turnover. On board activity in Diversified players: John Keells Holdings, PCH Holdings and Hemas Holdings displayed notable on board activity which together contributed 43% to the turnover. John Keells Holdings traded at an intra-day high price of LKR217.0 and settled at LKR214.80 with a marginal gain of 0.09%. PCH Holdings edged up to the top turnover slot backed by a several large blocks which were transacted at price levels between LKR0.8 and LKR1.0. Hemas Holdings also gathered some interest. The counter dipped 3.23% to LKR30.0 at its close. Renewed interest was seen in Lanka Ventures where a few mid-sized blocks were traded at LKR37.0 and LKR38.0. Retailers focused on selected counters: Retailer focus surrounded a few selected counters; Touchwood Investments, First Capital Holdings and Vallibel One.