Sri Lanka shares close up 0.33-pct

Sri Lankan Police forming a human chain in parliament to protect the Speaker and enable a vote.

Mar 25, 2011 (LBO) – Sri Lankan shares closed higher Friday, extending the previous day’s gains with interest seen in a cable firm and several off-the-floor deals, brokers said. The All Share Price Index closed at 7,240.27, up 0.33 percent (23.52 points) while the more liquid Milanka index rose 0.65 percent (44.43 points) to close at 6,838.02, according to stock exchange provisional figures.

Turnover was 2.3 billion rupees.

Sierra Cables was the most actively traded stock, closing at 5.90 rupees, up 1.20, the second-highest gainer of the day, with 36.7 million shares traded.

Guardian Capital Partners was the second most actively traded stock, closing at 294.20 rupees, down 18.40 with 325,100 shares done

Central Finance was also actively traded, rising 20.40 rupees to close at 1,050 with 129,100 shares changing hands.

There were several off-the-floor deals including 314,800 Distilleries at 183 rupees each and 699,100 Aitken Spence at 163 rupees.

Distilleries ended at 185.60 rupees, up 3.10 and Spence at 163, down 50 cents, with 1.1 million shares done.