Company filings and market news from across Sri Lanka's stock market.
Colombo market rebounded with the ASPI up 0.35% to 22,174.74 and turnover of Rs.13.3 billion amid upbeat sentiment after the IMF's positive review; the banking sector led turnover (48%) and Commercial Bank, DIMO, Bukit Darah, Carson and Wind were among top contributors.
IMF staff-level agreement gives Sri Lanka access to about US$347m and Colombo stocks closed higher; the ASPI rose 0.51% to 22,209.83. Turnover was Rs 13.3bn led by banks and diversified financials, with top contributors Commercial Bank, DIMO, Bukit Darah, Carson Cumberbatch and WindForce.
Colombo market dipped as ASPI fell 0.3% and S&P SL20 fell 0.4% on turnover of Rs.7.3bn, with foreign investors net sellers of Rs.196.2m. Banking counters and conglomerates saw profit-taking while food retail and capital goods recorded high turnover and mixed price moves.
Colombo Stock Exchange closed down after 15 consecutive days of gains, with the All Share down 0.29% at 22,097.99 and the S&P SL20 down 0.46% at 6,163.22; turnover was Rs 7.32bn and banks led activity. Top contributors included Bukit Darah, Sunshine Holdings, Dialog Axiata, Commercial Bank and Carson Cumberbatch.
Colombo Stock Exchange extended its rally into an 11th session as the ASPI rose 0.47% (102.30 pts) to 21,778.60 with turnover of Rs. 6.27 billion and foreign net outflows of Rs. 362.2 million. Top contributors included DIMO, BUKI, CCS, MELS, WATA and SUN, with gains also in CHOT and PKME.
Colombo Stock Exchange ASPI rose 0.47% to 21,778.60, led by gains in Diesel & Motor Engineering (DIMO.N0000), Bukit Darah (BUKI.N0000), Ceylon Cold Stores (CCS.N0000), Melstacorp (MELS.N0000) and Watawala Plantations (WATA.N0000).
ASPI fell 379.58 points week-on-week to 20,612.40, and the S&P SL20 lost 131.48 points to 5,873.12. Commercial Bank, Melstacorp, Browns Investments, Sampath Bank and Bukit Darah were top negative contributors; foreigners were net sellers of Rs.2.3 billion and weekly turnover averaged Rs.5.8 billion (Chevron Lubricants off-board trades Rs.2 billion).
Colombo market closed marginally up as the ASPI rose 0.2% (47 points) on turnover of Rs.7.46 bn while the S&P SL20 fell 0.2%. Dialog, Ambeon, Bukit Darah, Carson Cumberbatch and LOLC led gains, with EB Creasy, Sierra Cables, LVL Energy Fund and Raigam Wayamba also active and recording price gains.
Colombo ASPI rose 0.23% to 20,800.26 while the S&P SL20 fell 0.27% to 6,045.77. Alliance Finance said it will raise Rs1.5bn via listed unsecured subordinated bonds; Ambeon and Bukit Darah gained while Carson Cumberbatch fell.
ASPI rose 143.73 points to 20,714.80 as turnover hit Rs.11.1bn, led by banking stocks and conglomerates with top contributors JKH, HNB, SAMP, BUKI and NDB. Banking accounted for 39% of turnover and foreign investors were net sellers of Rs.1.1bn.
Colombo Stock Exchange closed up, ASPI +0.70% to 20,714.80, driven by sustained investor interest in banks and diversified financials. Top contributors included John Keells, Hatton National Bank, Sampath Bank, Bukit Darah, National Development Bank and HNB Finance, with market turnover Rs11.14bn.
ASPI rose 100.55 pts to 20,571 and the S&P SL20 topped 6,000 as turnover hit Rs.10.8–10.9bn, led by banking stocks; key contributors included Commercial Bank, Hatton National Bank, Carson Cumberbatch, Sampath Bank and Bukit Darah, while Digital Mobility Solutions also saw heavy trading.
ASPI fell 0.64% to 19,786 after briefly crossing the 20,000 mark, with turnover of Rs.4.53bn and foreign net outflow of Rs.8.2m. Banking stocks and conglomerates weighed on the market, with JKH, MELS, NDB, AEL and BUKI among top negative contributors while DFCC and Royal Ceramics saw gains.
The ASPI rose 0.46% to 19,467.71 as retail buying in diversified financials lifted the market. Top contributors included Central Finance, C T Holdings, DFCC Bank, Bukit Darah and Melstacorp.
ASPI crossed 18,000 to close at 18,026 as both indices rose about 7% for June, with turnover of Rs. 6.38bn led by LFIN, AEL, JKH, CFIN and SAMP.
The Colombo Stock Exchange ended the week with the ASPI up 0.6% and net foreign inflows of Rs.155.9 million, with weekly turnover averaging Rs.2.97 billion; notable contributors included HHL, COOP, SUN, CTHR and BUKI.
Central Bank cut rates by 25 basis points, lifting the Colombo Stock Exchange 0.19% as the ASPI closed 31.49 points higher at 16,504.86. Hemas, Co-operative Insurance, Sunshine, C T Holdings, Bukit Darah and Haycarb were among gainers while Teejay Lanka and Dipped Products fell.
Carson Cumberbatch PLC (via its subsidiary Pegasus Hotels of Ceylon PLC) sold its entire 2.173 million-share holding in Equity Hotels Ltd to Lavendish Leisure for Rs. 243.5 million. Following the sale, Equity Hotels will no longer be part of the Carson Cumberbatch/Bukit Darah group.
ASPI fell 67 points (0.4%) on low turnover of Rs.1.65bn; HNB was the largest negative contributor after its ex-dividend date, while SAMP, RICH, HAYL, HHL and SUN were top positive contributors and banks led turnover.
Colombo Stock Exchange closed lower as the ASPI fell 0.42% to 15,814.82 and the S&P SL20 dropped 0.53% to 4,734.72; turnover was 1.6 billion with net foreign outflows of 48 million. Top laggards included Hatton National Bank, Melstacorp, Bukit Darah, Dialog Axiata and Ceylon Tobacco.
The Colombo market closed marginally up with the ASPI +0.2% and S&P SL20 +0.4% as turnover rose to Rs.2.14bn, led by Lankem Ceylon (LCEY) which accounted for about Rs.1.1bn. Capital goods and banking drove activity, with notable movers including HNB, SAMP, COMB, JKH and LIOC.
Colombo Stock Exchange closed higher: ASPI +0.22% at 15,882.06 and S&P SL20 +0.38% at 4,759.86. Capital goods led turnover with LKR 1.2bn, banks LKR 446mn, and top contributors were HNB, SAMP, COMB, JKH and BUKI.
ASPI rose 33 points (0.2%) as turnover hit Rs.1.9 billion, led by crossings in Hatton National Bank, Commercial Bank and CIC Holdings; banking stocks were the main drivers while materials also saw heavy trading.
ASPI rose 0.1% yesterday but is down 3.8% so far in March; turnover fell to Rs. 792.5m, led by Food, Beverage & Tobacco (28%), Banking (20%) and Capital Goods (18%). Agarapatana, Hayleys, Hemas and Sampath were among gainers while Bukit Darah, C T Holdings, Access Engineering and NDB were notable laggards.
The ASPI rose 1.87% (about 296 pts) to 16,167 as the Colombo market staged a strong rebound and turnover doubled to Rs.5.18bn. The Banking sector led gains (Hatton, Nations Trust, National Development Bank, Sampath among top contributors) while capital goods and select stocks also saw heavy activity.
Sri Lanka's ASPI closed up 1.94% (308.22 pts) at 16,178.47 with turnover of Rs 5.17 billion despite volatility. Banks regained investor interest and top contributors included Sampath, HNB, Hayleys and Bukit Darah, while John Keells, Hemas, Nations Trust and Browns saw high volumes.
Colombo market opened March down with ASPI -1.9% and S&P SL20 -2.1%, turnover Rs.1.5bn; profit-taking in banks (led by HNB, COMB, NDB) drove the fall while CTC, SPEN and AHUN were among top positive contributors; foreigners net sold Rs.127.4m.
Colombo market closed lower as the ASPI fell 0.7% to 17,074 and the S&P SL20 dropped 0.8% on low turnover of Rs.3.7 billion (35.8% below the monthly average). Banks dominated turnover (30%); BUKI and SEMB were top positive contributors while COMB, HNB, HHL, JKH, CTC, SAMP and NDB were among the top decliners.