FINANCIAL CHRONICLE – On Tuesday, the Colombo Stock Exchange in Sri Lanka experienced a decline, as indicated by CSE data, with the benchmark All Share Price Index (ASPI) falling by 0.21 percent.
The ASPI decreased by 44.87 points, settling at 20,898.92, while the more actively traded S&P SL20 index also saw a slight drop of 0.06 percent, or 3.45 points, reaching 5,917.27.
Among the stocks that positively influenced the ASPI were Sunshine Holdings, which rose by 1.05 percent to 28.80 rupees, and Dialog Axiata, increasing by 0.87 percent to 46.50 rupees. In contrast, Ceylon Cold Stores remained unchanged at 119.00 rupees.
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On the negative side, several companies contributed to the decline: Singer (Sri Lanka) fell by 2.06 percent to 76.10 rupees, Overseas Realty (Ceylon) decreased by 1.90 percent to 51.50 rupees, Richard Pieris and Company dropped by 1.88 percent to 26.10 rupees, and Commercial Bank of Ceylon declined by 0.12 percent to 203.75 rupees.
The total market turnover was recorded at 143.28 million rupees, with banks leading the sector at 27.88 million rupees, followed by capital goods at 24.50 million rupees.
In related news, Resus Energy PLC announced that two of its subsidiaries have placed bids within the acceptable price range to develop 16 megawatts (MW) or 64 megawatt-hours (MWh) of battery energy storage systems (BESS).
The bids were made as part of a limited competitive bidding initiative for systems that will be integrated with existing ground-mounted solar power plants, under a 15-year build, own, and operate agreement. Resus Solar (Private) Limited proposed a capacity of 14 MW / 56 MWh, while Resus Eastern Solar (Private) Limited offered a bid for 2 MW / 8 MWh.
Resus Energy has projected that the equity investment required for these projects will range from 650 million rupees to 800 million rupees, and the projects have now been officially awarded. (Colombo/Sept29/2026)
