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Large quantities traded but Colombo shares ease
Tuesday, 30 June 2009 13:08


Share prices fell at the Colombo bourse on Tuesday moving in negative territory most of the time with large transactions is less-popular stocks, brokers said. 
Turnover was over Rs 500 million while the All Share Index closed 0.32 % lower at 2,432.15 and the Milanka slightly up by 0.51 % to 2,721.64. There were 84 negative share prices and 36 positive stocks. 

Stocks like Seylan Merchant and Blue Diamonds traded large quantities of eight million (including ex-dividend) and two million, respectively while Coco Lanka, an export firm that has done well, saw one million shares traded at Rs 30. The Finance Co also traded over a million shares. Nations Trust Bank, grappling with a foreign exchange loss last week, saw its price fall by 25 cents on 927,000 shares. Confifi Hotel Holdings rose Rs 3.25 to Rs 113.50 on 831,000 shares.