May 22, 2012 (LBO) – Sri Lankan shares prices slipped one percent on Tuesday, despite selective buying in blue chip counters, brokers said.
The 280-stock All Share Price Index lost 52.11 points to close at 5,155.61 while the 25-stock Milanka Price Index fell 13.99 points or 0.29 percent to 4,656.51, according to Colombo Stock Exchange figures.
Turnover was 296.3 million rupees of which foreign buying accounted for 119.5 million rupees and foreign selling 13.0 million rupees.
The Carson Group owned Lion Brewery PLC was the toast of the day, gaining 3.50 rupees to close at 220.00 rupees. Lion, which dominates Sri Lanka’s beer market, saw 251,200 shares change hands.
During early trade, a parcel of 125.000 Lion shares crossed the floor at 225.0 rupees (up 8.50 rupees).
Hatton National Bank’s non-voting shares gained 1.30 rupees to 99.50 rupees on trades of 323,124 shares.
Commercial Bank of Ceylon PLC, closed flat at 105.00 rupees on 243,816 shares.
source - www.lbo.lk
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