ECONOMYNEXT – Sri Lanka’s stock market ended the week on a positive note, with both indices closing up on Friday.
The All Share Price Index was up 0.97 percent, or 217.65 points, at 22,633.80; and the S&P SL20 was up 0.58 percent, or 36.39 points, at 6,263.03.
Market turnover was 11.28 billion rupees.
Hayleys’ purchase of a 40 percent stake in Harischandra Mills contributed 2.58 billion rupees to the turnover.
Asia Securities handled the deal.
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Harischandra stock jumped 50 percent, increasing by 2,474.75 rupees to close at 7,424.50.
Hayleys stock closed up 1 rupee at 191.
Meanwhile Maharaj Food announced a dividend of 10 cents per share, and said it was planning a rights issue to raise 112.5 million rupees – part of which will fund its venture with Spar.
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Kotagala Plantations said its rights issue was oversubscribed and it had received a total subscription of 76,422,917 rupees.
Top contributors to the ASPI were C T Holdings (up 45 rupees at 702), Harischandra Mills, Cargills (Ceylon) (up 32.75 rupees at 801.25), John Keells Holdings (up 30 cents at 21.80 rupees), and DFCC Bank (up 3.25 rupees at 159.25). (Colombo/Oct17/2025)
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