FINANCIAL CHRONICLE – On Tuesday, the Colombo Stock Exchange witnessed a decline, as reported by their official data.
The All Share Price Index (ASPI) fell by 0.12 percent, equating to a drop of 26.06 points, finishing at 21,066.18. Similarly, the S&P SL20 index decreased by 0.08 percent, or 4.86 points, closing at 5,904.10.
Among the stocks that positively impacted the ASPI were John Keells Holdings, which rose by 2.22 percent to 18.40 rupees, Hatton National Bank, which increased by 1.42 percent to 410.75 rupees, and DFCC Bank, up by 2.04 percent at 137.75 rupees.
Conversely, the stocks that negatively affected the index included Sampath Bank, which plunged 6.59 percent to 145.25 rupees, Hayleys, down 0.92 percent to 215 rupees, and ACL Cables, which saw a decline of 2.30 percent to 85 rupees.
The total turnover for the day reached 3.57 billion rupees, with the capital goods sector contributing significantly at 1.86 billion rupees.
Notable crossings included transactions in John Keells Holdings (11,971,313 shares), People’s Leasing and Finance (2 million shares), Hayleys (190,000 shares), Vallibel (600,000 shares), Tokyo Cement (500,000 shares), and Seylan Bank (300,000 shares).
Dipped Products declared a cash dividend of 0.76 rupees per share, but its stock closed down by 1 percent at 49.40 rupees. Similarly, Kelani Valley Plantations announced a cash dividend of 1.75 rupees per share, closing down by 1.36 percent at 79.50 rupees. Haycarb also announced a dividend of 1.70 rupees per share, with its stock finishing down by 0.90 percent at 109.50 rupees.
In regional market movements, India’s Nifty 50 index fell by 2.14 percent, settling at 22,331.40 points, while Hong Kong’s Hang Seng index experienced a slight increase of 0.15 percent, reaching 24,788.14 points.
