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Sri Lanka stocks close lower

Feb 09, 2011(LBO) - Sri Lankan stocks closed 0.1 percent lower Wednesday amid profit taking, brokers said.
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The All Share Price Index closed at 7,377.
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44, down 0.10 percent (7.60 points) while the Milanka Price Index of more liquid stocks closed at 7,203.
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75, up 0.06 percent (4.66 points) according to stock exchange provisional figures.
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Turnover was 4.4 billion rupees.

"Active retail investor interest was seen in the poultry sector stocks," Thakshila Hulangamuwa of Asha Phillip Stockbrokers said.

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Bairaha Farms closed at 459.10, up 8.60 rupees, Ceylon Grain Elevators closed at 239.

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00, up 17.80 rupees and Three Acres Farms closed at 224.
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80, up 16.80 rupees.

Commercial Bank closed at 277.10, down 1.80 rupees and 4.1 million shares done. The banks shares have been trading actively in anticipation of good earnings report, a broker said.

Hayleys closed at 400.00, down 5.00 rupees, after December quarter profits fell 68 percent.

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