Sri Lanka stocks flat

Aug 04, 2011 (LBO) – Sri Lankan share prices remained flat for the second straight day with marginal drops in both indices and low turnover, brokers said. East West Properties closed at 21.50 rupees, up 1.90 with 5.28 million shares done. The main All Share Price Index closed at 6,809.78, down 0.04 percent (2.81 points) while the more liquid Milanka index fell 0.22 percent (13.89 points) to close at 6,216.49, according to stock exchange figures.

Turnover was 1.16 billion rupees.

Blue Diamond made the highest contribution to the turnover followed by East West Properties and Aitken Spence Hotels, Lanka Securities said.

Vallibel One closed flat at 29 rupees with 2.67 million shares done with one crossing or off-market private deal of 2,089,000 shares at 29.50.

Blue Diamonds Jewellery Worldwide closed at 8.70 rupees, down 30 cents with 29.2 million shares traded. There was one crossing of 11 million shares at 10 rupees each.