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* Sri Lanka stocks market continues to set records
Thu, Apr 8, 2010, 07:47 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 08, Colombo: Sri Lanka stock market reached another high Thursday (08) at the Colombo Stock Exchange as the country's people lined up to vote for the parliamentary elections.

The All-Share Price Index rose to an all-time high of 3,952.45 before closing at 3,939.62 to exceed Wednesday's high of 3,919.91 by 0.77%. The more volatile Milanka Price Index closed at 4,524.99

The turnover shot over a billion rupees with over 80% domestic purchases to close at 1.149 billion rupees while the share volume closed slightly over 33 million shares.

The top five gainers included Lanka Aluminium Industries (15.45%), Ceylon Tea Services (12.29%), Sunshine Holdings (11.48%), Metropolitan Resource Holdings (11.03%), and Union Chemicals Lanka (10.83%).

Sri Lanka's tiny stock market is performing outstandingly in the recent days as hopes of political stability in the country have raised local investor confidence for retail buying.

The bourse has gained 16.4 percent so far this year, making it the Asia's best performing market.

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