📈 CSE Closes Higher: ASPI Gains 0.88% Led by Food, Beverage & Tobacco

• Market Performance: The benchmark All Share Price Index (ASPI) rose by +0.88% (+175.09 points) to end at 19,971.15. The S&P SL20 index also advanced +0.40% (+22.59 points) to reach 5,699.02. Total market turnover stood at Rs. 1.5 Bn. • Sector & Stock Drivers: The Food, Beverage & Tobacco sector led market turnover, generating Rs. 377.58 Mn. Top positive contributors included Carson Cumberbatch (+6.79% to Rs. 700.00), LOLC Finance (+4.35%), DCSL (+1.80%), LOLC Holdings (+1.99%), and Commercial Bank (+0.38%). Conversely, Cargills Ceylon (-1.22%) and Singer Sri Lanka (-1.11%) dragged performance. • Corporate Updates: • Commercial Credit and Finance secured CBSL approval for a 5-year unsecured subordinated redeemable loan facility of Rs. 1 Bn to bolster its Tier II capital base; its stock rose +1.67% to Rs. 91.50. • Siyapatha Finance appointed Deputy Chairman Rushanka Silva as new Chairman effective Oct 30, following the retirement of Palavinnege Sumith Cumaranatunga, with Widanalage Deshal Praveen de Mel designated as Senior Independent Director.