Sri Lanka stocks down 0.78 pct

Aug 09, 2012 (LBO) - Market continued its negative trend with the All Share Price Index losing 37.99 points to close at 4,851.00 down 0.78 percent. The Milanka index of more liquid stocks closed flat at 4,354.45. The S&P index of large cap stocks lost 14.16 points to close at 2,739.29 down 0.51 percent.

The day's turnover was 773 million rupees. JKH dominated the day's turnover with 274 million rupees and PCH Holdings contributed 253 million rupees and Sampath Bank 110 million rupees.

Dialog Axiata, the island's largest mobile phone operator contributed 17 million rupees with Commercial Bank and Tokyo Cement chipping in with 16 million rupees each.

Aitken Spence PLC slipped 1.00 rupee to close at 109.00 rupees down 0.91 percent.

Colombo Dockyard PLC lost 2.10 rupees to close at 185.10 down 1.12percent.

Commercial Bank of Ceylon lost 0.10 cents to close at 97.50 rupees while DFCC lost 0.30 cents to close at 109.70 down 0.27 percent

Dialog Axiata PLC closed flat at 6.00 rupees. HNB slipped 1.70 rupees to close at 132.00 down 1.22 percent.

JKH PLC gained 1.00 rupees to close at 185.00 up 0.54 percent.