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šŸ“‰ CSE Closes Lower on Monday; Banks Lead Turnover

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• Market Performance: The benchmark ASPI dropped 0.32% (-68.82 points) to close at 21,313.92. The liquid S&P SL20 fell 0.14% (-8.13 points) to end at 5,994.33. Overall market turnover reached Rs. 1.55 billion. • Sector Breakdown & Value Drivers: The banking sector dominated market activity, leading turnover with Rs. 309.87 million. Top gainers included Carson Cumberbatch (+2.05% to Rs. 735.00), plantation sector stock Watawala Plantations (+1.60% to Rs. 44.50), Central Finance (+0.68%), and Commercial Bank (+0.24%). Key drag on indices came from Aitken Spence (-2.12%), Ceylon Cold Stores (-2.07%), LOLC Holdings (-1.40%), and Dialog Axiata (-1.04%). • Corporate Updates: Anilana Hotels & Properties disclosed that its hotel assets in Nilaveli, Trincomalee, and Pasikudah were acquired by Sampath Bank under the Recovery of Loans by Banks Act. The company has challenged the resolution in court and filed an application in the Commercial High Court regarding a prospective investor's offer of Rs. 1.2 billion to reach a compromise with the bank.

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