Sri Lankan stocks close up 1.69-pct

Sept 16, 2010 (LBO) – Sri Lankan stocks recovered to pass the 6,300 points mark Thursday, from price gains on index heavy and midcap stocks, while Hotel Reefcomber shares continued to be heavily traded, brokers said. Nations Trust Bank closed at 84.00 rupees, up 7.60 with 2.88 million shares changing hands, brokers said.

The All Share Price Index closed at 6,343.71, up 1.69 percent (105.26 points), while the more liquid Milanka index rose 1.96 percent (127.32) to close at 6,616.03, according to stock exchange provisional figures.

Turnover was 3.87 billion rupees.

Hotel Reefcomber shares continued to be heavily traded, brokers said. It closed at 15.10 rupees, up 1.30.

Carson Cumberbatch, an index heavy stock, closed at 800.00 rupees, up 25.00 with 7,300 shares traded, while Ceylon Theaters closed at 156.90 rupees, up 14.20.

DFCC Bank closed at 338.50 rupees, up 7.70, LB Finance closed at 274.20 rupees, up 24.90 and National Development Bank closed at 305.00 rupees, up 10.00.