Sri Lanka stocks close down 0.8-pc

L to R: Samantha Ranatunga, Chairman, HVA Foods PLC; Jan Müggenburg, Chief Executive Officer, Müggenburg Group; Graham Stork, Chief Executive Officer, HVA Foods PLC; Sarva Ameresekere, Group Chairman, George Steuart & Co. Ltd.

Dec 14, 2010 (LBO) - Sri Lankan stocks closed down Tuesday with index heavy stocks like JKH and Dialog Axiata dragging the market down, brokers said.
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Turnover was 1.25 billion rupees.

"Hardly any high-net-worth and institutional participation was seen in the market with some retail trading taking place," Sahani De Silva of Bartleet Mallory Stockbrokers said.

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JKH closed at 293.90, down 1.60 rupees and Dialog Axiata closed at 11.

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40, down 0.20 cents with almost a million shares done.

Sampath Bank closed at 256.40, down 4.50 with over 1.5 million shares changing hands in two crossings or off-the floor private deals, one of 1.

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4 million shares done at 265.00 and the other of 100,000 at 255.00. The All Share Price Index closed at 6,385.
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60, down 0.80 percent (51.22 points) while the Milanka index of liquid stocks dipped 0.77 percent (52.83 points) to close at 6,842.72, according to Colombo Stock Exchange (CSE) provisional figures.
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