Sri Lanka stocks end up 0.7-pct

Dec 07, 2011 (LBO) – Sri Lankan closed higher Wednesday, swinging back over the 6,000 point mark although trading was thin, brokers said. Orient Garments was the most actively traded stock, accounting for the second highes turnover and closing at 36.80 rupees, down 3.50, with 2.77 million shares done. It hit a day’s high of 45 rupees.

Dunamis Capital was also actively traded, closing at 17.70 rupees, up 1.30, with 1.8 million shares changing hands, and hitting a high of 19.20.

Expolanka Holdings was also actively traded, closing at 8.70 rupees, down 10 cents, with 1.5 million shares traded and hitting a high of 8.90. The main All Share Price Index rose 0.67 percent (40.14 points) to 6,028.79, while the more liquid Milanka index rose 1.81 percent (93.39 points) to close at 5,249.78.

Turnover was 832 million rupees, according to stock exchange provisional figures.

Index heavyweight John Keells Holdings rose 8.10 rupees to close at 172.10.

Over 9.9 million shares of Dialog Axiata changed hands with the stock closing up 10 cents at 7.90 rupees.

The sole crossing or off-market private deal for the day was 200,000 Distilleries Company shares at 150 rupees each. It closed at 150, up 30 cents.

Lanka Ashok Leyland was the highest gainer, closing at 3,300 rupees, up 800 rupees or 32 percent, with just one trade of 100 shares.