Wednesday, November 24, 2010

Sri Lanka stocks end up 0.1-pct

Nov 24, 2010 (LBO) - Sri Lankan stocks ended slightly higher Wednesday, shedding some of the morning gains at the close, with some big private deals on selected stocks, brokers said.

The All Share Price Index closed at 6,462.12, up 0.12 percent (7.94 points) while the more liquid Milanka index rose 0.27 percent (18.80 points) to close at 6,999.19, according to stock exchange provisional figures.

Turnover was 2.4 billion rupees.

There were two negotiated off-the-floor private deals in John Keells Holdings of a total of 2,211,500 shares at 300 rupees each. The stock closed at 295.10 rupees, down 30 cents.

Dialog Axiata closed flat at 12 rupees with almost 2.4 million shares traded

Two private deals were done on Commercial Bank of 677,300 shares at 274 rupees a share, the price at which it closed, up four.

There were also two deals in Cargills (Ceylon) of a million shares each, both at 195 rupees a share, the price at which it closed, up 50 cents.

Another private deal in Colombo Dockyard of a million shares was done at 292 rupees each. The stock closed at 290, up a rupee.


source - www.lbo.lk

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