Sri Lanka stocks close down 0.79-pct

Oct 25, 2010 (LBO) – Sri Lanka stocks closed down Monday, dragged down by index heavy stocks like John Keells Holdings (JKH) and Aitken Spence, brokers said. Sampth bank closed at 295.10 rupees, up 21.50 (7.86 percent) while HNB, closed at 407.00 rupees, up 6.70 (1.67 percent).

There were 53 gainers and 148 losers.

The Colombo All Share Index fell 0.79 percent (52. 67) to 6,633.33 points, while the Milanka Index of more liquid stocks dipped 0.83 percent (60.67 points) to 7,210.13 according to provisional Colombo Stock Exchange data.

Turnover was 7.9 billion rupees.

JKH closed at 302.00 rupees, down 1.70 (0.67 percent) while Aitken Spence closed at 182.70 rupees, down 5.50 (2.92 percent).

“A lot of interest was also shown in the banking sector.” Premali Fernando at Bartleet Mallory Stockbrokers said.