Sri Lanka stocks close down 0.89 pct

October 11, 2012 (LBO) - Sri Lanka stocks continued a losing streak and closed down 0.89 percent Thursday with sharp drops seen in several counters earlier in the day, brokers said. The Colombo All Share Index closed at 5,720.86 down 51.66 points and the S & P SL 20 Index closed 34.82 points lower at 3,092.80 down 1.11 percent.

Turnover was 679 million rupees. Top contributors to turnover were Aitken Spence with 138 million rupees, JKH with 136 million rupees Durdans with 57 million rupees.

Aitken Spence PLC slipped 0.90 cents to close at 132.00 rupees down 0.68 percent.

Commercial Bank slipped 0.70 cents to close at 111.10 rupees down 0.63 percent. DFCC Bank gained 0.30 centsto close at 115.50 rupees up 0.26 percent. Hatton National Bank closed at 112.00 rupees down 0.88 percent.

Dialog Axiata PLC slipped 0.30 cents to close at 8.50 rupees down 3.41 percent.

Index heavy John Keells Holdings PLC slipped 5.30 rupees to close at 203.50 rupees down 2.54 percent.