Sri Lanka shares end down 1.1-pct

ComBank MD S. Renganathan (Centre) introducing the app to CB Governor Indrajit Coomaraswamy in the presence of (from L) ComBank Manager - Card Centre Seevali Wickramasinghe, Head of Card Centre Thusitha Suraweera, Deputy GM – Marketing Hasrath Munasinghe, CB Assistant Governor Ananda Jayalath and CB Director - Payments & Settlements Dharmasri Kumaratunge

Jan 31, 2012 (LBO) – Sri Lankan shares closed weaker Tuesday after rising sharply at the opening, as profit-taking came in with turnover also slumping, , brokers said. The main All Share Price Index closed down 1.12 percent (64.22 points) at 5,691.34, while the more liquid Milanka index fell 1.02 percent (50.94 points) to close at 4,925.27.

Turnover was 835 million rupees, according to stock exchange provisional figures.

Index heavyweight John Keells Holdings closed at 169.30 rupees, down 70 cents while Commercial Bank ended at 104.70, down 70 cents.

Acme Printing & Packaging was actively traded, closing at 29.70 rupees, up 3.30 rupees with 5.98 million shares changing hands.

Panasian Power was also heavily traded, closing at 3.70 rupees, down 10 cents.

Asia Asset Finance fell 10 cents to close at 6.60 rupees with 1.56 million shares done.