Sri Lanka shares end down 0.6-pct

Mar 21, 2012 (LBO) – Sri Lankan shares closed weaker Wednesday for the second straight day with trading falling sharply and interest seen mainly in low value or speculative stocks, brokers said. The main All Share Price Index fell 0.55 percent (29.92 points) to 5,384.10, while the more liquid Milanka index fell 1.11 percent (54.05) to close at 4,821.87.

Turnover fell to 376 million rupees, according to stock exchange provisional figures.

Index heavyweight John Keells Holdings closed 195 rupees, down five.

Beruwela Walk Inn was the day’s biggest loser, closing at 120 rupees, down 18 rupees.

Environmental Resources Investments was the most actively traded stock, closing at 15.40 rupees, up 40 cents with 616,673 shares traded.

Asia Asset Finance was also actively traded, closing at four rupees, up 10 cents.

Free Lanka Capital Holdings, another actively traded stock, closed flat at two rupees.