📉 Sri Lanka Stocks Close Lower as Banking Sector Leads Turnover

• Market Indices: The benchmark All Share Price Index (ASPI) fell 0.44% (down 93.55 points) to 21,372.45. The more liquid S&P SL20 index dropped 0.39% (down 23.80 points) to end at 6,010.07. • Turnover & Sector Drivers: Total daily market turnover reached LKR 1.45 Bn. Banking led the market activity, accounting for LKR 600.63 Mn of the total turnover. • Top Stock Movers: • Gainers: Colombo Fort Land & Building (+3.03% to LKR 57.80), Aitken Spence (+1.61% to LKR 142.00), Richard Pieris & Co (+1.13% to LKR 26.90), Ceylinco Holdings (+0.85% to LKR 2,925.00), and Sampath Bank (+0.36% to LKR 139.50). • Decliners: RIL Property (-3.21% to LKR 24.10), Cargills Ceylon (-2.00% to LKR 675.00), Melstacorp (-1.85% to LKR 186.00), and Dialog Axiata (-1.24% to LKR 47.90). • Corporate Activity: Senthilverl Holdings acquired 750,000 shares of Sarvodaya Development Finance via Almas Equities at LKR 39.70–41.00 per share. This raised its stake from 9.78% (14.63 Mn shares) to 10.28% (15.38 Mn shares), crossing the 10% disclosure threshold under the Take-Overs & Mergers Code. Sarvodaya shares dropped 3.41% to LKR 39.60.