Sri Lanka stocks end down 0.3-pct

Oct 13, 2011 (LBO) – Sri Lankan stocks fell again Thursday with heavy losses in selected shares on very thin trade with the market falling sharply after opening but recovering towards the end, brokers said. The main All Share Price Index fell 0.28 percent (18.24 points) to 6,585.99, while the more liquid Milanka index rose 0.08 percent (4.62 points) to close at 5,910.54, according to stock exchange figures.

Turnover was 1.2 billion rupees.

Regnis (Lanka) was actively traded, closing at 477.10 rupees, down 26.30, after hitting a high of 515 rupees and accounting for the day’s biggest turnover.

Citrus Leisure was the most actively traded share, with 1.1 million shares done, closing at 67.90 rupees, up three.

Colombo Land & Development Company was also heavily traded, closing at 59.40 rupees, down 50 cents.

John Keells Holdings, which accounted for the second highest turnover, closed at 201 rupees, up a rupee. There were two crossings or off-market privat deals of JKH of 150,000 shares and 200,000 shares, both at 200 rupees each.

There was also a crossing of 1.8 million shares of Vallibel One at 26.70 rupees each. It closed at 26.80, down 10 cents.