š Sri Lanka Stocks Trade Up; Vidullanka Gains on Greenfield Renewable Project
⢠Market Performance: CSE indices traded up on Tuesday morning. The benchmark ASPI rose 0.06% (+13.77 pts) to 21,327.69, while the S&P SL20 grew 0.16% (+9.48 pts) to 6,003.81. Overall market turnover reached Rs. 236.16 Bn. ⢠Sector Breakdown & Top Movers: Banking led market turnover, generating Rs. 116.54 Bn. - Top Gainers: Sunshine Holdings (+3.10% to Rs. 29.90), John Keells Holdings (+0.52% to Rs. 19.40), and Sampath Bank (+0.18% to Rs. 140.00). - Top Decliners: Royal Ceramics Lanka (-1.67% to Rs. 47.10), Central Finance (-0.68% to Rs. 220.00), National Development Bank (-0.45% to Rs. 110.50), Richard Pieris (-0.37% to Rs. 27.20), and Commercial Bank (-0.12% to Rs. 204.75). ⢠Key Corporate Highlights: Vidullanka shares gained 1.85% to trade at Rs. 22.00 following an initial share subscription of Rs. 100 Mn in Vidul Biomass II (Pvt) Ltd. The company is undertaking the greenfield 6.6MW Medawachchiya Dendro Power Project in Anuradhapura, carrying a total project cost of US$ 16.1 Mn and a total equity commitment of ~Rs. 1.3 Bn, reflecting ongoing investment in Sri Lanka's renewable energy sector.