Sri Lanka Stock Picks

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Thursday, June 30, 2011

Sri Lanka stocks close down 0.76-pct

June 30, 2011 (LBO) - Sri Lanka stocks closed weaker Thursday with heavy trading in Aitken Spence Hotel Holdings and Distilleries Company bolstering turnover, brokers said.

The main All Share Price Index closed at 6,825.94, down 0.76 percent (52.21 points) while the more liquid Milanka index fell 1.32 percent (84.29 points) to close at 6,301.02, according to stock exchange figures.
Turnover was 1.9 billion rupees.

Aitken Spence Hotel Holdings closed at 75.70, up 70 cents with almost 2.6 million shares traded, mostly in several private off-market deals at 75 rupees a share..

Distilleries Company closed at 179.80, down 20 cents with just over a million shares changing hands with a single private deal of 726,560 shares at 180.00 rupees each.

Orient Garments, which began trading on Wednesday, closed at 25.90, down two rupees.

source - www.lbo.lk