Sri Lanka stocks fall in thin trading

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

May 12, 2008 (LBO) – Sri Lankan shares ended lower Monday in thin trading with Ceylon Theatres and its subsidiary Cargills (Ceylon) accounting for the highest turnover. The Colombo Stock Exchange All Share Index fell 0.36 percent (9.51 points) to 2,631.73 and the more liquid Milanka Index was down 0.66 percent (21.29 points) at 3,203.38 points.

The total turnover was 110 million rupees.

Ceylon Theatres rose 11.89 percent or 7.25 rupees to 68.25 rupees with 195,900 shares changing hands while group firm Cargills (Ceylon) rose 8.85 percent or 4.25 rupees to 52.25 rupees with transactions of 356,600 shares.

Dialog Telekom closed 25 cents lower at 15.25 rupees with 129,100 shares traded while Sri Lanka Telecom was down 25 cents at 48.75 with 25,400 shares changing hands. .