Sri Lanka stocks close 0.2-pct lower

Jan 28, 2011(LBO) – Sri Lankan stocks closed down 0l2 percent Friday with index heavy stocks and the banks losing ground, brokers said. Hatton National Bank closed at 392.10, down 0.90 cents.

Poultry stocks recovered some losses. Bairaha Farms closed 481.20, up 3.30 rupees while Grain Elevators closed 197.00, up14.60 rupees with over a million shares done and Three Acre Farms closed 180.70, up 5.50 rupees.

Reefcomber closed at 96.30, up 4.20 rupees and Royal Ceramics closed at 162.90, up 40 cents.

Hayleys closed at 395.00, up 5.00 rupees. The All Share Price Index closed at 7,192.49, down 0.26 percent (-18.62 points) while the Milanka Price Index of more liquid stocks closed at 7,165.32, down 0.42 percent (-30.05 points) according to stock exchange provisional figures.

Turnover was 2.8 billion rupees.

John Keells Holdings closed at 293.10, down 1.90 and Dialog Axiata closed flat at 11.60.

Sampath Bank closed at 303.30, down 2.10 rupees while Commercial Bank closed at 276.50, down 3.50 rupees.