Sri Lanka shares end down 0.2-pct

CEAT Kelani Holdings Managing Director Ravi Dadlani (right) and Lanka Ashok Leyland CEO Umesh Gautham exchange the OEM agreement

April 24, 2012 (LBO) – Sri Lankan shares closed weaker Tuesday in lacklustre trading with turnover remaining low and interest mainly on low value speculative stocks, brokers said. The main All Share Price Index fell 0.24 percent (13.28 points) to 5,441.78, while the more liquid Milanka index fell 0.35 percent (16.94) to close at 4,888.85.

Turnover fell to 289 million rupees, according to stock exchange provisional figures.

Index heavyweight John Keells Holdings closed flat at 206 rupees.

Environmental Resources Investments was the most actively traded stock, closing at 16 rupees, down 10 cents, followed by Citrus Leisure W0018 warrants which ended at 1.80 rupees, down 30 cents.

Swarnamahal Financial Services which was also heavily traded ended flat at 8.50 rupees.

In the forex market, the rupee was quoted at 132.00/30 levels at 4.00 pm after hitting a historic low of 132.20 in intra day trade.

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