News & market updates

Colombo Stock Exchange fell 0.9% as the ASPI dropped 0.86% to 16,927.13 amid profit-taking—especially in banks—and a net foreign outflow of Rs 380mn. DFCC reported an 80% rise in December-quarter profits and Sampath an 85% increase.

Colombo market closed marginally higher with ASPI +0.2% and S&P SL20 +0.6% on turnover of Rs.5.5bn. Banking led turnover (30%) and gained 1.25%; notable moves included Sampath +Rs1, Commercial Bank +Rs2, Sierra Cables +Rs0.40, Lanka IOC +Rs0.50 and LOLC -Rs4, with net foreign outflow of Rs.93m.

Sri Lanka's ASPI closed up 2.18% (362.03 pts) at 16,940.25, led by gains in diversified counters and bank stocks; the S&P SL20 rose 1.88% to 5,037.52, turnover was 4.8 billion rupees and net foreign outflow was 513 million rupees.

Sri Lanka's ASPI closed up 1.42% at 16,578.22, led by banks and finance stocks, with a net foreign outflow of 892 million rupees. Top contributors included Ceylinco (+9.3%), Central Finance (+6.0%), Sampath (+2.1%) and NDB (+2.4%), while Ambeon saw heavy foreign selling.

Colombo bourse fell as the ASPI dropped 1.01% to 16,566 with turnover of Rs.2.07bn and foreigners closing as net sellers. CINS and JKH were among the main negatives while SAMP and GUAR were top positives; banking led turnover (29%) and capital goods plus food & beverage accounted for 33%.

Sri Lanka stocks fell, with the ASPI down 1.01% to 16,566.27 as investors awaited next week's government budget; turnover was low at Rs 2.07 billion and net foreign outflows totalled Rs 35.5 million, with financials and capital goods weighing on the market.

The ASPI fell 2.3% for the first week of February despite a 1.38% rebound on Friday; weekly turnover averaged Rs.4.16bn and Friday turnover was Rs.2bn. Ceylinco, Melstacorp, John Keells and Aitken Spence were among Friday's top contributors, while Watawala, Seylan Bank and SMB Finance were key detractors.

Colombo's ASPI rebounded, rising over 50 points (0.3%) after a prior Rs.188 billion drop, with bargain buying lifting the market and the banking sector leading turnover. Sampath, DFCC, Seylan, C T Holdings and John Keells were top positive contributors while Ceylinco and Aitken Spence weighed on the index.

Sri Lanka stocks closed 0.6% higher, with the ASPI up 0.57% to 16,550.63, led by capital goods. Banks, construction and food & beverage shares saw notable investor interest; turnover was Rs 5.18bn and there was a net foreign outflow of Rs 126m.

Colombo market opened February lower as the ASPI and S&P SL20 fell about 1%. Turnover was Rs.3 billion with foreigners net sellers of Rs.179.3m; key decliners included HNB, LOLC, BUKI, CARS and CFIN, while SPEN, TJL and CCS were notable gainers.

Sri Lanka stocks fell 0.97% as the ASPI closed down 166.24 points at 16,956 and turnover was Rs3bn, the lowest so far this year. John Keells, Browns Investments and Tea Smallholder Factories announced interim dividends and net foreign outflow was Rs179mn with foreign selling in several large stocks.

Colombo's ASPI rose 7.4% in January, with yesterday's turnover at Rs.5.1bn and foreign net selling of Rs.405.6m. Price gains in counters including Central Finance, Colombo Fort Land & Building, Ambeon Holdings, Teejay Lanka and Ambeon Capital and activity in Access Engineering and John Keells supported the market recovery.

Sri Lanka's ASPI closed up 0.04% (7.52 pts) at 17,122.73 despite month-end selling, with turnover Rs 5.1bn and a net domestic inflow of Rs 405m (foreign outflow Rs 405m). Banking, diversified counters and capital goods drew interest; notable movers included LOFC +2.9%, CFIN +3.2%, TJL +3.8% and TAP +7.0%.

Colombo market turned bearish as the ASPI slipped 2 points to 17,115 on turnover of Rs.7.34bn and a net foreign outflow of Rs.2.2bn led by JKH; capital goods led turnover while NDB, COOP, AEL and Sierra Cables rose and Browns, Royal Ceramics, Melstacorp, LOLC and Hayleys lagged.

Colombo Stock Exchange closed broadly flat with the ASPI down 0.01% at 17,115 and the S&P SL20 flat at 5,126; turnover was 7.3 billion. Top positive contributors included NDB (128.25), Co-operative Insurance (3.70), Access Engineering (42.00) and DFCC (129.50).

Colombo market slipped as the S&P SL20 fell 0.6% amid high turnover of Rs.8.4 billion, led by John Keells, Access Engineering, Browns Investments, Commercial Bank and Amana Bank; ASPI closed flat and foreign investors were net sellers of Rs.924 million.

Colombo bourse closed marginally lower: ASPI down 0.02% at 17,117.18 and S&P SL20 down 0.65% at 5,126.31, turnover Rs8.4bn and net foreign outflow Rs923.9m. Buying interest returned to banks and finance stocks after vehicle import relaxation, and construction names such as Access Engineering saw inflows.

Colombo bourse ended the week higher (ASPI +2.1% for the week; ASPI +0.26 yesterday, S&P SL20 +0.28) with turnover yesterday at Rs.5.4bn and a net foreign outflow of Rs.221.5m. Banking and capital-goods/construction stocks led turnover, with top contributors including Dialog, DFCC, Dipped Products, Hemas and Commercial Bank.

Colombo market sustained gains with the ASPI up 0.4% and S&P SL20 up 0.2% on Rs.5 billion turnover and a net foreign inflow of Rs.194.5 million. Top contributors included Commercial Bank, Tokyo Cement, Lanka IOC, ACL Cables and Access Engineering, with banking leading turnover (26%).

Access Engineering PLC appointed Ranil Pathirana as an Independent Non-Executive Director. Pathirana is Group Director at Hirdaramani and serves as a non-executive director of WindForce, Hemas, BPPL, Dankotuwa Porcelain, Odel and Ceylon Hotels.

The ASPI crossed the 15,000 mark, closing at 15,021 after a 210-point (1.4%) gain on Rs.8.5bn turnover, led by heavy activity in banking and contributions from Browns Investments, HNB, Sampath, LOLC and JKH.

Turnover at the Colombo Stock Exchange climbed to a 10-month high of Rs.9.2 billion as the ASPI recorded a 19th consecutive daily gain. Top contributors included Sierra Cables, Hatton National Bank, Royal Ceramics and Access Engineering, with a net foreign outflow of Rs.227 million.

Colombo Stock Exchange closed higher as the ASPI rose 1.07% to 14,810 and turnover hit Rs9.23bn, the highest since Feb 7. Top contributors included Central Finance, Ceylon Cold Stores, Melstacorp, Access Engineering and Chevron Lubricants; net foreign outflow was Rs226m.

Dividend · Rs 1.00 · XD Dec 17, 2024

First Interim dividend of LKR 1/share; XD 2024-12-17; record 2024-12-17; payable 2025-01-06; FY for the year ending 31st March 2025

Colombo Stock Exchange ASPI rose 0.40% to 13,613 and S&P SL20 gained 0.41% to 4,069 on Friday, with turnover Rs4.9bn and a net foreign outflow of Rs429m. Major contributors included Hayleys, Sunshine Holdings, LOLC, Access Engineering and Royal Ceramics; heavy volumes in HNB Finance and plantation stocks.

Colombo Stock Exchange closed up with the ASPI hitting a historic peak, rising 0.35% to 13,559 while the S&P SL20 gained 0.91% to 4,053 on turnover of Rs4.4bn, led by capital goods and banks; market participants noted bullish interest in banking, diversified financial, construction and tourism sectors.

Colombo market opened higher as the ASPI rose 0.30% to 13,229 and the S&P SL20 gained 0.12% on turnover of Rs. 2.3bn; top contributors included HAYL, SPEN, AEL, JKH and CFIN, with Lion Brewery closing up at Rs. 1,114.75.

Colombo Stock Exchange ASPI rose 0.30% to 13,228 on turnover of Rs2.3bn, led by retail buying in food, beverage & tobacco and renewed interest in construction. Notable movers included gains in Lion Brewery, Ceylon Cold Stores, Distilleries, Access Engineering and Central Finance, while Sierra Cables fell; net foreign outflow was Rs379mn.

Colombo bourse rebounded as the S&P SL20 rose 1.3% and the ASPI gained 0.7% on Rs.1.1bn turnover. Banking led turnover (34%) with Sampath and Commercial Bank among top contributors, capital goods and retail sectors were active, and net foreign outflow was Rs.134m.