FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka exhibited a positive trend following its opening, according to data from the CSE. The All Share Price Index (ASPI) rose by 0.22 percent, amounting to an increase of 50.35 points, reaching a level of 22,620.38. Similarly, the S&P SL20 index experienced a slight gain of 0.08 percent, or 4.70 points, settling at 6,227.49.
Among the notable contributors to the ASPI’s growth were Commercial Bank, which climbed 0.24 percent to 209 rupees; Central Finance Company, up 1.80 percent at 254.50 rupees; and Dialog Axiata, which saw an increase of 1.18 percent, reaching 34.20 rupees. Overall market turnover was reported at 1.67 billion rupees, with the consumer services sector leading this figure at 206.7 million rupees.
Additionally, Ceylon Tobacco Company announced a dividend of 17.54 rupees, with its shares experiencing a 0.23 percent increase during intraday trading, reaching a price of 1,779.50 rupees. In another development, JXG (Janashakthi Group) reported that its initial public offering, which was available for subscription until April 9, had been oversubscribed. The shares were offered at a price of 10 rupees each.
