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Sri Lankan Stocks Edge Upward with Banking Sector and Melstacorp Boosting Turnover

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Sri Lanka’s Colombo Stock Exchange saw a modest increase on Monday, with the banking sector making a significant impact on the day’s relatively low market turnover.

The All Share Price Index (ASPI) experienced a rise of 0.04 percent, gaining 9.38 points to reach 23,783.02. Meanwhile, the S&P SL20 index increased by 0.32 percent, adding 21.72 points to end at 6,743.19.

Among the top positive contributors to the ASPI were Melstacorp, trading at 184.00 rupees, Richard Pieris and Company at 36.00 rupees, and Prime Lands Residencies at 55.00 rupees. Conversely, Ceylon Beverage Holdings emerged as the top negative contributor, with its shares declining by 158.75 rupees to close at 2,629.00 rupees.

The market turnover stood at 2.56 billion rupees, which is below the monthly average. The banking sector contributed the highest turnover, accounting for 427 million rupees.

Additionally, Melstacorp announced a dividend of 2.75 rupees per share.

(Colombo/February 23, 2026)


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