FINANCIAL CHRONICLE – On Friday morning, indices on the Colombo Stock Exchange of Sri Lanka showed positive movement, according to CSE data, with the All Share Price Index (ASPI) increasing by 0.37 percent.
The ASPI rose by 79.28 points, reaching a total of 21,474.39, while the more active S&P SL20 index climbed by 0.47 percent, gaining 27.95 points to settle at 6,023.20.
Key drivers of the ASPI’s increase included notable gains from several companies: Hatton National Bank saw a rise of 0.66 percent to 379.75 rupees, Dialog Axiata increased by 0.86 percent to 46.90 rupees, Royal Ceramics Lanka experienced a 2.51 percent boost to 49.10 rupees, Ceylon Cold Stores rose by 1.85 percent to 124.00 rupees, Sunshine Holdings improved by 2.08 percent to 29.40 rupees, and Sampath Bank gained 0.18 percent to 139.00 rupees.
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Conversely, Commercial Development Company was among the significant losers, dropping 2.51 percent to 35.00 rupees.
The market turnover registered at 248.3 million rupees, with the materials sector leading the charge, contributing 108.98 million rupees.
Kotagala Plantations announced its intention to merge with its nearly wholly-owned subsidiary, Rubber and Allied Products (Colombo), pending shareholder approval.
As part of the merger proposal, minority shareholders of Rubber and Allied Products, who collectively hold 9 shares, will receive a cash payout of 8.10 rupees per share, while shares of the parent company will be cancelled.
Shares of Kotagala Plantations recorded a 1.23 percent increase, trading at 8.20 rupees. (Colombo/September 04/2026)
