Sri Lanka shares end up 0.09-pct

Dec 29, 2010 (LBO) – Sri Lankan stocks closed higher Wednesday with institutions showing a high level of activity in trading, brokers said.

The All Share Price Index closed at 6,646.92, up 0.09 percent (5.84 points) while the more liquid Milanka index rose 0.16 percent (37.09 points) to close at 7,074.83, according to stock exchange provisional figures.

Turnover was 1.5 billion rupees.

“Interest was shown in the poultry sector while there was also some interest in the banking sector,” Nikita R Tissera of SC Securities said.

Bairaha Farms closed at 290.20, up 19.90 and Three Acre Farms closed at 84.70, up 7.30 with 788,000 shares done.

Dialog Axiata stocks were heavily traded and it closed at 12.00, up 0.40 cents with three crossings of 26.4 million, 10 million and 5.7 million shares at 12.00 rupees.

Sampath Bank closed at 270.70, down 1.70 rupees while DFCC closed at 201.20, down 1.00 rupee.

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