Sri Lanka stocks up 1.2-pct

June 19, 2012 (LBO) - Sri Lanka's stocks closed up 1.2 percent Tuesday recovering lost ground with sharp gains in with hotel firms Citrus Leisure and Kalpitiya Beach showing the most gains, brokers said. The Colombo All Share Index rose 61 points to close at 5,059.

29 points with the Milanka Index of liquid stocks gaining 43 points to close at 4,505.16 points.

Turnover was 533 million rupees.

Citrus Leisure, gained 7.70 to close at 32.90 rupees up 30.56 percent and its warrants rose 2.

20 to close at 6.70 up 48.8 percent. Kalpitiya Beach Resorts rose 1.80 to close at 8.10 up 28.5 percent HVA Foods rose 1.50 to close at 12.80 up 13.27 percent.

City Housing and Real Estate rose 2.20 to close at 12.20 up 22 percent and Colombo Land rose 2.

40 to close at 35.00 rupees up 7.36 percent.

Free Lanka Capital Holdings rose 20 cents to close at 1.90 up 11.7 percent and Associate Motor Finance rose 45 rupees to close at 350.

00 up 14.7 percent.

Ceylon Beverage Holdings rose 33.

60 rupees to close at 299.99 up 12.66 percent.

John Keells Holdings rose 90 cents to close at 190.70 rupees, Commercial Bank was flat at 101.00, Hatton National Bank rose 2.

90 to cost at 149.00 rupees

Finlays Colombo Plc fell 40 rupees to close at 215.00 and Chevron Lubricants fell 5.0 rupees to 165.00.