Sri Lanka shares end up 0.6-pct

Directory launched in the presence of Jagath Perera, CA Sri Lanka President, Manil Jayesinghe, CA Sri Lanka Vice President, Harsha Basnayake, Ernst & Young Asia Pacific Transaction Advisory Managing Partner, Aruni Rajakarier, Chairperson of the CA Sri Lanka Women Empowerment Committee, Anoji De Silva, Alternate Chair of the Women Empowerment Committee and Dulani Fernando, CA Sri Lanka CEO

April 11, 2012 (LBO) – Sri Lankan shares closed firmer Wednesday although trading remained low ahead of traditional new year holidays later in the week, brokers said. The main All Share Price Index rose 0.62 percent (33.39 points) to 5,425.73, while the more liquid Milanka index rose 0.65 percent (31.57) to close at 4,909.30.

Turnover was a low 155 million rupees, according to stock exchange provisional figures,
slightly up from Monday when it sank to the lowest since May 2009.

Index heavyweight John Keells Holdings closed at 209.40 rupees, up 40 cents.

Citrus Leisure, which has revealed title to an east coast prime beach property it had bought last year was being disputed in court, rose to 29.40 rupees, up 50 cents.

Swarnamahal Financial Services was the most actively traded stock and closed at nine rupees, up 20 cents while HVA Foods, also heavily traded, ended at 14 rupees, up 1.20.

The market is closed on Thursday and Friday for new year holidays.