Sri Lanka stocks down trend continuies this weeks also as second day of the week also indicate nagative effect. The benchmark All Share Index lost 68.99 points to close at 6,389.52 and the Milanka Index of liquid stocks fell 79.09 points (1.36 percent) to close at 5,732.30 percent, according to stock exchange . Total Turnover was 1.25 billion rupees, higher than yesterday's 978 million rupees.Asian Alliance, a stock that was earlier cornered and pumped fell 27.40 rupees to 182.40 rupees. Colombo Pharmacy fell 147.10 to 1,302.90 rupees. Regnis Lanka fell 15.10 rupees to 456.50 and Radiant Gems International fell 10.50 to 130.20 rupees. Hatton National Bank fell 3.70 rupees to 190.30, Commercial Bank fell 80 cents to 74.0 rupees and Sampath Bank fell 3.90 rupees to 208.20 rupees.
Analysts say valuations of some commercial banks are now looking attractive.
John Keells Holdings fell 1.20 to 198.50 rupees and Dialog Axiata fell 10 cents to 8.00 rupees. Among the gainers were Cargills Ceylon up 1.70 to 201.80 rupees, Ceylon Tobacco up 4.50 to 394.00 rupees and Dipped Products up, 5.30 to 116.40 rupees. In money markets the Central Bank took in 35.03 billion rupees at 7.08 percent and banks parked a further 37.5 billion rupees at the standing facility at 7.00 percent.
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