Sri Lanka Stock Picks

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Wednesday, June 13, 2012

Sri Lankan stocks up 0.77 percent

June 13, 2012 (LBO) – Sri Lankan share prices firmed up on Wednesday, driven by investor interest in blue chip stocks, brokers said.

Colombo’s broader All Share Price Index was up 37.24 points or 0.77 percent to 4,844.79, the Milanka Price Index gained 34.65 points or 0.81 percent to end at 4,303.89, according to Colombo Stock Exchange figures.

Turnover was 284.82 million rupees, with foreign buying of 29.24 million rupees over sales of 87.79 million rupees.

Commercial Bank of Ceylon PLC, dominated trading, climbing 20 cents to 100.50 rupees on trades of 870,490 shares. A block of 500,000 shares changed hands at 100.50 rupees, brokers said.

Conglomerate John Keells Holdings, was up 1.40 rupees to 183.90 rupees on trades of 158,163 shares.

DFCC Bank PLC, a development bank with also a commercial bank subsidiary, rose 1.50 rupees to 107.60 rupees on volumes of 168,810 shares.

source - www.lbo.lk