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Sri Lankan stocks edge up on AMW, East-West interest

April 23, 2008 (LBO) - Sri Lankan shares closed higher Wednesday largely driven by trading in Associated Motorways, East-West Properties and Dialog Telekom, brokers said.
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All Share price Index went up 8.26 points (0.31 percent) to 2,681.27 while the more liquid Milanka rose 15.
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41 points (0.47 percent) to 3,322.63. Turnover was 303 million rupees.

"AMW has been moving since of the day before yesterday," said Lahiru Angammana at SC Securities.

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"Today it dropped at the closing but was trading at 180 and contributed to total turnover.

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"

AMW ended up 2.75 at 175 rupees with 143,500 shares traded and added 25.

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7 million to the day's turnover.
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The stock traded between 175 and 183 rupees.

There was a crossing of 2.2 million shares of East-West at 11 rupees.

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The stock ended up 1.25 rupees or 11.36 percent at 12.25 rupees with over 2.9 million shares traded and added over 33 million rupees to the day's turnover.

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Also, just over half-a-million shares of Dialog were traded with the stock ending up 25 cents at 16.

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75 rupees. .
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