Sri Lanka shares end up 0.4-pct

SLPMA President Sanjaya Jayaratne

Mar 26, 2012 (LBO) – Sri Lankan shares closed firmer Monday with an increase in trading by foreign investors who ended up as net sellers, brokers said. The main All Share Price Index rose 0.37 percent (20.29 points) to 5,442.62, while the more liquid Milanka index rose 0.56 percent (27.21) to close at 4,875.07.

Turnover was 1.1 billion rupees, according to stock exchange provisional figures.

Lanka Securities said trading ended on a “lacklustre note” although the market went up.

There were several crossings or off-the-floor privat deals in Nestle Lanka which accounted for the highest turnover of the day.

There was one single crossing of 300,000 shares at 856 rupees each.

There was also interest seen in Ceylon Tobacco Company and John Keells Holdings.