Colombo Stock Exchange ASPI fell 0.37% to 22,552.24 midday, with plantations (Watawala, Sunshine, Namunukula among others) leading gains while John Keells, Sampath and Commercial Bank weighed on the index. Market turnover was Rs2bn; Abans Finance completed a debenture issue to raise Rs1.33bn.
Colombo Stock Exchange rose 0.66% as the ASPI closed 150.67 points higher at 23,014.75. Top contributors included Commercial Bank, Carson Cumberbatch, ACL Cables, LOLC and Sampath Bank; turnover rose to 5.7 billion rupees and net foreign outflow was 87 million rupees.
The CSE and SEC held an Issuer Forum in Gampaha to guide SMEs on raising capital via listing on the Empower and Diri Savi Boards. NDB Investment Bank delivered the main presentation and Mahaweli Coconut Plantations' MD participated on the panel.
The CSE and SEC hosted an Issuer Forum in Gampaha to help SMEs explore capital raising via listing on the Empower and Diri Savi boards. The event drew over 70 participants and featured speakers from NDB Investment Bank, the SEC, the CSE and Mahaweli Coconut Plantations.
Colombo Stock Exchange closed higher (All Share +0.31%, SL20 +0.33%) as foreign interest returned, with foreign buying of John Keells (JKH) contributing over Rs100m to turnover. Ceylon Tobacco (CTC) posted higher interim profits and a Rs38.3 dividend, while First Capital Treasuries (FCT) reported profit declines tied to weaker government securities.