Sri Lanka stocks end up 0.3-pct

Oct 07, 2011 (LBO) – Sri Lankan stocks ended higher after three days of falls with some buyers returning but continued activity in stocks that had drawn speculators, brokers said. John Keells Holdings shares were also heavily traded, accounting for the second highest turnover, closing flat at 200 rupees. There were two crossings or off-market private deals at 201 rupees. The main All Share Price Index rose 0.31 percent (20.99 points) to 6,698.83, while the more liquid Milanka index rose 0.67 percent (39.54 points) to close at 5,978.14, according to stock exchange figures.

Turnover was 2.3 billion rupees.

Regnis (Lanka) hit a new record high, closing at 506.20 rupees, up 28.70 rupees or six percent, after touching 508 rupees, and accounting the the day;s third highest turnover.

Laugfs Gas voting and non-voting shares were the top gainers and most actively traded stocks, accounting for the highest turnover. Voting shares ended up 7.30 rupees at 48.30 with 20.7 million shares traded.

Laugfs Gas non-voting shares gained 3.50 rupees to end at 29.50.

Blue Diamonds Jewellery Worldwide shares were also actively traded, with nonvoting shares closing at five rupees, up 40 cents, and voting shares ending at 10.10 rupees, up 70 cents.