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Message: <blockquote data-quote="lkdood" data-source="post: 7840464" data-attributes="member: 92282">Sri Lankan stocks plunge 1.68-pctSri Lankan stocks plunged 1.6 percent Wednesday as  retail buyers sold out amid weak support institutional buyers and state  funds stayed on the sidelines, brokers said.The  All Share Price Index closed at 4,470.78, down 76.40 points, while the  more liquid Milanka index dived 1.88 percent (96.62 points) to close at  5,033.41.   Turnover was 2.14 billion rupees, according to stock exchange  provisional figures.   "The lack of resistance let the market slide and goes through a much  awaited correction," Thakshila Hulangamuwa, vice president at stock  brokering firm Asha Phillip Securities said.   "This fall reflected mostly on highly speculated stocks could take a  direct message to investors prompting them to look at shares that offer  real values."  Penny stocks which were heavily speculated in the past few days were  heavily hit, brokers said.  Blue Diamonds Jewellery Worldwide closed at 4.70 rupees, down 1.55 with  2.6 million shares traded, its non-voting shares closed at 2.10 rupees,  down 1.00 with 9.2 million shares changing hands, brokers said.  Sierra Cables closed at 3.70 rupees, down 10 cents with 5.5 million  shares traded, brokers said.  Muller and Phipps closed at 1.30 rupees, down 10 cents with over 1.2  million shares traded, and Piramal Glass Ceylon closed at 2.80 rupees,  down 10 cents with 2.1 million shares changing hands.                                  Seylan  Merchant Bank closed flat at 1.70 rupees, with 9.0 million shares  changing hands, while its non-voting shares also closed flat at 1.40  rupees, with 3.6 million shares traded.   Conglomerates, Aitken Spence closed flat at 1,500.00 rupees, Hayleys  closed at 295.50 rupees, down 7.50 and John Keells Holdings, an index  heavy stock closed at 198.75 rupees, down 2.25.  Commercial Bank closed at 176.00 rupees, down 6.00 with over a million  shares traded, Hatton National Bank closed at 270.25 rupees, down 3.25,  Nations Trust Bank closed at 52.50 rupees, down 25 cents.  Sampath Bank closed at 338.00 rupees, down 5.25 and Seylan Bank closed  at 72.00 rupees, down 3.25, DFCC Bank closed at 247.00 rupees, down  9.50.  Distilleries Company of Sri Lanka, another index heavy stock closed at  124.50 rupees, down 1.50.LBO</blockquote>

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