Company filings, disclosures and news on Swisstek (Ceylon) PLC (PARQ), Building Products on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
Colombo Stock Exchange traded higher midday as the ASPI rose 0.24% (52.94 pts) to 21,886 with turnover Rs.807m, led by gains in John Keells and DFCC. Lanka Ceramic declared a final dividend of Rs.6.40 and Swisstek recommended a final dividend of Rs.0.40 per share.
Colombo Stock Exchange closed down as the ASPI fell 1.98% to 21,856 amid concerns over rupee depreciation (buy 334.50 / sell 343.50). Top negatives included Melstacorp, Sampath Bank, John Keells, Ceylinco Insurance and HNB; Swisstek rose, and Ambeon reported a Q3 loss of Rs.221.7m with its share down 4.72%.
Swisstek (Ceylon) PLC has appointed Indika Ilukkumbura to its Board as a Non-Independent Non-Executive Director. Ilukkumbura is Group CFO of the Unidil Group with over 18 years' experience in finance, audit and compliance.
Colombo Stock Exchange closed 0.02% lower as the ASPI slipped to 22,329.69, with banks and capital-goods names dragging the market. LOLC Finance filed to list Rs 15bn of debentures; turnover rose to Rs 3.3bn and net foreign outflow was Rs 130.44m.
Colombo Stock Exchange rose 0.22% as the ASPI closed at 22,508.26 with turnover down to 3.02 billion rupees. Vidullanka and Windforce were awarded contracts to develop 50MW wind plants in Mannar, and several stocks (Senkadagala Finance, John Keells, Hayleys, Windforce, Vidullanka) helped lift the index.
Colombo Dockyard said the SEC approved Onomichi Dockyard to sell its entire shareholding to Mazagon Dock Shipbuilders after the company's rights issue, subject to a mandatory offer; DOCK closed at LKR234.25 (up LKR17.25). Speculative interest in construction-related stocks (eg. ACL, Swisstek) lifted the ASPI 0.16% and S&P SL20 0.18%.
Construction Activity
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