ASPI ended marginally up at 23,960.16 (+0.03%) on turnover of over Rs.5.2bn. Capital goods led turnover (31%) driven by Colombo Dockyard and John Keells, while diversified financials and banks contributed 21% and foreign investors were net sellers of Rs.128.2m.
Aeroform Ltd acquired a 29.9% stake in EML Consultants PLC for Rs. 116.1 million, purchasing 27 million shares at Rs. 4.30 each. EML has 90.9 million shares outstanding and reported a net asset value per share of Rs. 2.11 at end-September 2025; Avanthi Jayatilake holds 51%.
E M L Consultants PLC has partnered with New Zealand Product Accelerator and Dr. Karnika De Silva to bring NZ materials and manufacturing expertise to Sri Lanka, targeting sustainable solutions for manufacturing and rubber products. The tie-up aims to de‑risk R&D, accelerate commercialisation and help SMEs access overseas markets.
A 90-day US tariff pause lifted the Colombo market: ASPI +4.74% and S&P SL20 +6.7%, boosting market capitalisation by about Rs.221bn to Rs.5.549tn on Rs.7bn turnover, led by heavy trading in Sampath Bank, John Keells, Commercial Bank and RIL Property.