📉 CSE Indices Trend Down Midday Tuesday

• Market Overview: The Colombo Stock Exchange traded lower midday Tuesday, with the benchmark All Share Price Index (ASPI) dropping 0.36% (-78.75 points) to 21,544.91, while the liquid S&P SL20 slipped 0.29% (-17.55 points) to 6,049.00. Market turnover reached Rs. 720.4 Bn. • Sector Breakdown: The insurance sector led market activity, generating Rs. 310.4 Bn in turnover. • Top Movers: • Gainers: Vidullanka (up 2.74% to Rs. 22.50), Richard Pieris & Co (up 1.92% to Rs. 26.50), and Colombo Dockyard (up 1.01% to Rs. 125.00). • Decliners: Ceylinco Insurance (down 6.72% to Rs. 2,900.00), Hayleys (down 1.16% to Rs. 235.25), and Dialog Axiata (down 0.41% to Rs. 48.60). • Banking Sector Update: Nations Trust Bank plans📉 Sri Lanka Stocks Trend Down at Midday • Market Overview: Indices on the Colombo Stock Exchange drifted lower by midday on Tuesday. The benchmark All Share Price Index (ASPI) dipped 0.36% (down 78.75 points) to 21,544.91, while the liquid S&P SL20 slipped 0.29% (down 17.55 points) to 6,049.00. • Turnover & Sector Drivers: Total market turnover stood at LKR 720.4 Bn (LKR 720.4 Mn). The insurance sector led market activity, generating LKR 310.4 Mn in turnover. • Key Stock Movements: • Top Gainers: Richard Pieris and Company (up 1.92% to LKR 26.50), Vidullanka (up 2.74% to LKR 22.50), and Colombo Dockyard (up 1.01% to LKR 125.00). • Top Drag: Ceylinco Insurance (down 6.72% to LKR 2,900.00), Hayleys (down 1.16% to LKR 235.25), and Dialog Axiata (down 0.41% to LKR 48.60). • Corporate Developments: In the banking sector, Nations Trust Bank announced plans to raise LKR 13.8 Bn via a rights issue of 3 ordinary non-voting convertible shares for every 22 shares held, priced at LKR 305 per share.