Sri Lanka stocks close up 0.8-pct

The Hapag-Lloyd delegation including, Capt. Prateek Gandhi – Director Operations, Hapag-Lloyd, Regional Office, Dubai,Mr. Faheem Mir – Manager - Operations, Hapag-Lloyd, Regional Office, Dubai,Mr. Lalith Witanachchi – Vice President, Hapag-Lloyd Lanka (Pvt) Ltd, Mr. Mindaka Dassanayake – General Manager, Hapag-Lloyd Lanka (Pvt) Ltd.,Mr. Rohan Ranasinghe – Terminal Operations Manager, Hapag-Lloyd AG and Mr. Iqram Cuttilan – Managing Director, Aitken Spence Shipping Ltd poses for a pic with SLPA’s Chairman -Admiral Sirimewan Ranasinghe and the Managing Director - Eng. Ganaka Hemachandra. SLPA's Vice Chairman - Eng. Herath M.P. Jayawardhana, Director (Operations) - Mrs. G. Zavia Miskin and Director (Marketing and BD) - Mr. H J K U Kumara are also present.

May 09, 2011 (LBO) - Sri Lankan stocks closed higher Monday after losses most of the previous week with corporate earnings anticipated this week expected to lift the market, brokers said. The main All Share Price Index closed at 7,377.86, up 0.80 percent (58.71 points) while the more liquid Milanka index rose 0.35 percent (23.53 points) to close at 6,760.41, according to stock exchange provisional figures.

Turnover was 1.6 billion rupees.

There was a single crossing or private deal in conglomerate Hemas Holdings of just over a million shares at 47 rupees each. The share closed at 46.10, up 20 cents.

Bogala Graphite Lanka was the day's highest gainer, rising 39 percent or 22.80 rupees to close at 82.20 rupees with 1.16 million shares traded.

Brown & Company was actively traded and closed at 360.20 rupees, up 3.10 with 426,800 shares done.

Index heavyweight John Keells Holdings closed at 289.90 rupees, up 7.20.