Sri Lanka stocks end down 0.5-pct

Sri Lankan Police forming a human chain in parliament to protect the Speaker and enable a vote.

Sept 14, 2011 (LBO) – The slide in Sri Lanka’s stock market continued Wednesday with turnover also falling amid continued trade in stocks that had attracted speculators, brokers said. There were two crossings or off-market private deals of Distilleries Company of 350,000 shares at 175 rupees each. It closed at 175.10, up 10 cents. The main All Share Price Index fell 0.50 percent (34.43 points) to 6,895.61, while the more liquid Milanka index fell 0.68 percent (42.76 points) to close at 6,227.65, according to stock exchange figures.

Turnover was 1.6 billion rupees.

Blue Diamonds Jewellery Worldwide non-voting shares were the most actively traded, with over 16.2 million shares done. It closed at 5.10 rupees, up 10 cents.

Blue Diamonds voting stock were also actively traded, with over 8.2 million shares traded, closing flat at 11.40 rupees.

Trading in John Keells Holdings accounted for the highest turnover with over 850,000 shares changing hands. It closed at 218.80 rupees, up 60 cents.

Speculative trade continued in Tess Agro with 15.4 million shares traded. It closed at 5.80 rupees, up 50 cents.