Sri Lanka stocks end weaker

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

Sep 08, 2011 (LBO) – Sri Lankan stocks closed weaker Thursday with interest in a coconut products exporter and continued buying of John Keells Holdings, after Wednesday’s deals, as well as in CT Holdings, brokers said. Ceylon Tea Brokers was among the most heavily traded stocks, closing at 8.40 rupees, up 40 cents, with over 10.2 million shares changing hands. The main All Share Price Index fell 0.09 percent (6.26 points) to 6,991.60, while the more liquid Milanka index fell 0.53 percent (33.83 points) to close at 6,293.65, according to stock exchange figures.

Turnover was 2.9 billion rupees.

Trading in John Keells Holdings generated the highest turnover for the day. JKH closed at 216.90 rupees, down 1.60, with over two million shares traded.

There were six crossings or off-market privat deals in JKH of a little over two million shares, following Wednesday’s deals, all at 215 rupees a share.

There were also two crossings in CT Holdings totalling 1.37 million shares, both at 200 rupees a share. The stock closed at 199.30 rupees, up 3.30.

Renuka Agri Foods was the most actively trade stock and highest gainer of the day, closing at 7.60 rupees, up 1.40 or 23 percent, with over 38.8 million shares traded.

East-West Properties was also actively traded, closing at 45.20 rupees, down 1.30, with 2.3 million shares done.