Bourse flat; JKH up despite low results

Tuesday, 30 July 2013 00:04 -     - {{hitsCtrl.values.hits}}

Reuters: Shares closed little changed on Monday, though there was some foreign investor interest in market heavyweight John Keells Holdings despite a 4% drop in profits for the June quarter, brokers said. The main share index ended 0.09%, or 5.15 points, firmer at 6,056.92, its highest close since 23 July. John Keells Holdings Plc, which reported its lower profit on Friday, gained 0.56% to Rs. 269.50 a share. Foreign investors bought a net Rs. 53.92 million ($ 409,600) in shares, extending the year-to-date net foreign inflow to Rs. 17 billion. Turnover was Rs. 451.3 million, Bourse data showed, well below this year’s daily average of around Rs. 939 million.

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