John Keells Holdings said public holding fell to 74.93% as of 24 Jan 2025 after issuing 1,079,375,000 new ordinary shares to HWIC Asia Fund; JKH shares closed down 0.87% at Rs22.90. The Colombo bourse closed higher with the ASPI up 0.44% at 17,119, led by gains in Browns Investments, Richard Pieris, HNB and Central Finance.
Colombo market rose with the ASPI up 0.8% on turnover of Rs. 6 billion, led by heavy trading in John Keells, Lanka IOC, HNB, Alumex and Browns and a net foreign outflow of Rs. 492.4 million. JKH fell to Rs. 23.10, HNB rose to Rs. 350.25, LIOC to Rs. 142.25, Alumex to Rs. 15.90 and Browns to Rs. 8.50.
Sri Lanka's ASPI rose 0.75% to 17,044.67, led by gains in capital goods and power/energy with top contributors including Lanka IOC, Melstacorp and Bukit Darah. Turnover was 5.9 billion rupees, with a net domestic inflow of 492 million and a net foreign outflow of 492 million rupees.
Colombo market closed Friday lower with the ASPI down 108 points (0.64%) to 16,918 and the S&P SL20 off 1.23%; turnover was Rs.7.44bn. Food, Beverage & Tobacco and Banking were top turnover contributors while selected stocks (e.g., Melstacorp, Sierra Cables) saw mixed moves.
Sri Lanka's ASPI fell 0.64% to 16,917.86 in a market correction as SL20 dropped 1.23% and turnover was Rs 7.4bn. Banks led the pullback (HNB -4.0%, NDB -1.34%, DFCC -1.5%, Seylan -0.5%) while Browns Investments, Sierra Cables, John Keells and RIL were among the most active stocks.
Colombo bourse hit record highs as ASPI rose 197 points (1%) to 17,025, led by banking stocks with Hatton National Bank up to Rs. 360.50 amid share-split rumours. Turnover was Rs. 9.78bn, banking and consumer stocks dominated activity and foreign investors were net sellers of Rs. 565.6m.
Sri Lanka's ASPI rose 1.17% to 17,025.99 as stocks closed up 1.1%, led by gains in HNB, Central Finance, Hayleys, SFCL and LOLC-group names. Turnover was Rs 9.7bn with a net domestic inflow of Rs 565m, while some banks (Sampath, NDB, DFCC) fell.
Colombo Stock Exchange rose as banking stocks led gains after Fitch upgraded several Sri Lankan banks; the ASPI closed up 1.40% at 16,828.80. Turnover was LKR 10.66bn with a net domestic inflow of LKR 670m and a net foreign outflow of LKR 670m; notable movers included HNB, NDB, Browns and Ceylon Tobacco.
Colombo market opened bullish as the ASPI rose ~115 points (0.71%) to 16,373 on turnover of Rs.5.5bn. Banking and Capital Goods led activity with DFCC, HNB, NDB, Teejay Lanka, Sierra Cables, CIC and Ceylon Cold Stores among top contributors.
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%).
Colombo market opened the holidays-shortened week higher as the ASPI rose 1.4% and the S&P SL20 rose 2% on turnover of Rs.4.4bn, supported by lower T-bill yields and strong banking and blue‑chip buying (notable contributors: SAMP, DFCC, NDB, HNB, COMB, JKH).
LOLC Holdings PLC and Browns Investments PLC held the groundbreaking for a $120 million Marina at Colombo Port City, saying it will reshape Sri Lanka's tourism and maritime industries. The 37,776 sqm marina will berth up to 200 boats, target completion by 2027, and aims to attract foreign investment and jobs.
TourismConstruction Activity
Ada Derana·Jan 13, 2025·Promotional / marketingPositive
Browns Investments PLC (BI) held the groundbreaking for a USD 120 million Marina Development at Port City Colombo on 10 Jan 2025, a JV with China Harbour Engineering Company, with completion targeted by 2027.
Sri Lanka stocks closed up Friday, with the ASPI rising 0.73% to 15,926.00, led by financial, consumer and hotel stocks. Top contributors included HNB, LOLC, Hemas, Browns and Royal Ceramics, with turnover at 3.7 billion rupees.
The ASPI fell 143 points (0.9%) to 15,811 and the S&P SL20 lost 1.2%; turnover was Rs.4.13bn with a net foreign outflow of Rs.38m. Selling in banking counters (Sampath, Commercial Bank, DFCC) weighed on the market while John Keells, Browns and LB Finance saw heavy turnover and small price moves.
ASPI fell 0.15% (24 pts) to 15,855 as profit-taking continued, with turnover Rs.4.56bn and net foreign outflow of Rs.48.3m. Banks and diversified financials led turnover (22% and 38% combined), with HNB, CFIN, HHL, Browns Investments and John Keells among notable movers.
Colombo bourse fell with the ASPI down 1.06% and S&P SL20 down 1.14%, while net foreign inflow was Rs. 188.1 million. Banking led turnover (25%) and several stocks (SAMP, COMB, CINS, RICH, NDB) were top negative contributors; JKH, HHL and BIL recorded small gains.
Colombo Stock Exchange fell with the ASPI down 1.06% (170.82 pts) to 15,878.60 and the S&P SL20 down 1.10% to 4,806.63 on turnover of 8.5 billion rupees. There was a net foreign inflow of 188 million rupees; top positive contributors included Browns Investments, Watawala Plantations, Lion Brewery, Hayleys and Hemas.
Browns Investments PLC and LOLC Holdings PLC are joint partners in the Port City Marina development, which breaks ground Friday and will have capacity for 243 vessels. The Cabinet approved Colombo Marina Development Ltd. as a strategic venture, enabling incentives and leasing four plots for the project.
Colombo bourse ended a four-week winning run as the ASPI fell 299 points to 16,049 (-1.83%) and the S&P SL20 dropped 2.24%; turnover was Rs.11.48bn and foreigners were net buyers of Rs.142m. Sampath, Commercial Bank, LOLC, Melstacorp and Hayleys were among the top negative contributors while JKH gained.
After a 26-day rally, the CSE reversed course: ASPI fell 299.13 pts to 16,049.42 and the S&P SL20 dropped 46.05 pts to 4,925.82. Turnover was Rs.11.48bn led by Browns Investments (Rs.1.03bn), John Keells (Rs.882m), HNB (Rs.401m), Sampath (Rs.350m) and LOLC (Rs.305m); 189 stocks closed lower.
Colombo Stock Market opened 2025 strongly as the ASPI rose 2.5% (404 pts) to top 16,000 on Rs.12.8bn turnover and net foreign inflow of Rs.88.6m, led by blue-chips and banking names such as JKH, Browns Investments, Aitken Spence, Sampath Bank and Hemas.
Colombo Stock Exchange's ASPI rose 2.53% to 16,348.55 on Jan 2, 2025 (S&P SL20 up 2.26%), with banks and tourism-exposed stocks leading gains and a net foreign inflow of Rs 88.6 million.
Colombo Stock Exchange ended 2024 higher, with the ASPI up 0.74% at 15,944.61 and the S&P SL20 up 1.01% at 4,862.10. Turnover was Rs7.7bn, banks/diversified financials and capital goods drew the most interest, and there was a net foreign inflow of Rs129mn.
ASPI rose 1.5% (232 pts) for a 22nd straight gain while the S&P SL20 is about 50% YTD, with turnover of Rs.7bn led by heavy activity in LOLC, HNB, SUN, SAMP and SPEN as T‑bill yields eased and retail participation rose.
Colombo market notched a 21st consecutive gain as the ASPI rose 1% (148 pts) to 15,168 on turnover of Rs.5.5bn, led by banking-sector activity; top contributors and heavy turnover included Hayleys, Central Finance, C T Holdings, Sampath, Richard Pieris, Commercial Bank, Royal Ceramics and Browns Investments.
Colombo Stock Exchange closed higher: ASPI up 0.98% (147.79 pts) to 15,168 and S&P SL20 up 0.82% to 4,535 on turnover of 5.4 billion rupees. Top contributors included Hayleys, Central Finance, C T Holdings and Sampath Bank, with a net foreign outflow of 94 million rupees.
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.
Colombo Stock Exchange closed higher as the ASPI rose 1.42% (209.91 points) to 15,020.61, surpassing the 15,000 mark. Top contributors were LOLC, Hatton National Bank, Sampath Bank, Commercial Bank and Browns Investments amid Rs 8.44 billion turnover, Rs 43 million net foreign inflow and a Fitch rating upgrade cited as a confidence booster.