FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka exhibited an upward trend on Tuesday afternoon, according to data from the CSE, with the All Share Price Index (ASPI) increasing by 0.54 percent.
Specifically, the ASPI rose by 119.98 points, reaching a total of 22,433, while the S&P SL20 index experienced a gain of 0.34 percent, or 20.79 points, to settle at 6,182.77.
Significant contributors to the rise of the ASPI included LOLC Holdings, which increased by 0.50 percent to Rs.558.00, Dialog Axiata, which saw a 1.63 percent rise to Rs.37.50, Browne’s Investments, up 3.33 percent at Rs.6.20, and John Keells Holdings, which gained 0.49 percent to Rs.20.40.
On the downside, the notable negative performers included Melstacorp, which fell by 0.79 percent to Rs.188.00, Asiri Surgical Hospital, which plunged 16.67 percent to Rs.0.50, and Ceylon Guardian Investment Trust, which decreased by 2.94 percent to Rs.231.25.
The overall market turnover reached 597.2 million rupees, with the capital goods sector leading this figure at 181.7 million rupees.
Colombo Fort Investments announced an interim scrip dividend of 4 rupees per share, issuing 85,958 shares priced at 412 rupees each, resulting in a total scrip dividend value of 35.41 million rupees.
Similarly, Colombo Investment Trust also declared an interim scrip dividend of 4 rupees per share, planning to capitalize 28.59 million rupees to issue 62,028 shares valued at Rs.461.00 each at a ratio of 1 for 115.2508544528.
