News & market updates

Colombo bourse opened June higher as ASPI rose 0.74% (125 pts) and S&P SL20 gained 1%, with turnover Rs.5.8bn and foreigners net selling ~Rs.3bn. Top turnover leaders were Access Engineering, Capital Alliance, Panasian Power, Commercial Credit and Alpha Fire, with banks and capital-goods stocks driving the rally.

Colombo market rose with ASPI +0.6% and S&P SL20 +0.9% on turnover of Rs.6.4bn, led by Sampath Bank, LOLC, Hemas and Sierra Cables; foreigners were net sellers (Rs.218m outflow). Several firms made gains and interim dividends were announced (RIL, UML).

Colombo market jumped as the ASPI rose 215 points (1.35%) to 16,131, reclaiming the 16,000 level with turnover of Rs.3.3bn. HNB, COMB, CFIN, SAMP, SPEN and JKH were among the top drivers and foreign investors were net buyers (Rs.25.5m).

Colombo Stock Exchange closed higher in a shortened session, with the ASPI up 45 points to 15,962 (S&P SL20 +0.22%). Turnover was about Rs.1.48–1.5 billion and foreign investors net sold Rs.177.3 million; key contributors included MELS, WIND, SPEN, SAMP and heavy turnover in CTC, BIL and KOTA.

Colombo market extended gains as the ASPI rose 56 points (0.35%) to 15,867 on turnover of Rs.2 billion with foreign net inflows of Rs.25.5m. Food, Beverage & Tobacco and Materials led turnover and gains while banking showed subdued sentiment.

Colombo bourse rose as the ASPI gained 69 points (0.44%) to close at 15,811 on turnover of Rs. 2.79bn, while foreigners were net sellers (net outflow Rs. 101.4m). John Keells, Hemas, Vallibel Finance and Commercial Bank were among top contributors, with capital goods leading turnover and diversified financials and food/beverage active.

Colombo Bourse closed the week higher, with the ASPI up ~2% and finishing at 15,742 after a 126-point gain on Friday. Market gains were led by LOLC, RCL, NDB, SUN and MELS, with Friday turnover at Rs.2.4bn (Capital Goods, Food & Beverage and Diversified Financials leading) while foreigners were net sellers (Rs.103.6m).

The ASPI gained 72 points (+0.5%) to 15,616 as the Colombo market bounced back, led by the capital goods sector. Turnover was about Rs.1.5 billion with net foreign inflows of Rs.35.2m; notable movers included Hemas, John Keells, Browns, Alumex and DFCC.

Colombo bourse opened marginally negative as the ASPI fell 17 points (0.11%) to 15,600 on low turnover of Rs.1.16bn. Banking stocks led turnover (24% share) while HAYL, LION, JKH, DIPD and TJL were top negative contributors and Sampath and Lanka IOC drew buying interest.

Colombo market reopened after Avurudu with the ASPI up 99.68 pts (0.64%) to 15,626 and the S&P SL20 up 29.95 pts, on low turnover of Rs.792.8m; foreigners were net sellers of Rs.50.1m. Top contributors and turnover drivers included CFIN, NDB, CCS, COCR, CTC and HNB.

Colombo bourse rebounded strongly as ASPI rose 3% (surging 467 points) and S&P SL20 gained 4.65%, adding Rs.170bn in market value led by banks (Sampath, Commercial, HNB) and majors including John Keells, Hayleys, Access Engineering and DIMO; turnover was Rs.2.9bn and foreigners were net buyers (Rs.48.3m).

Colombo market fell after announcement of a 44% US reciprocal tariff, with ASPI down 1.8% to 15,373 and S&P SL20 down over 2%; banking sector led losses and SAMP, COMB and HNB were among top decliners. Turnover was Rs. 3.1bn and foreign investors were net buyers of Rs. 169.7m.

Colombo stocks fell after the US 'Liberation day' tariff announcement, with the ASPI down 1.82% (284.25 pts) to 15,373.35 and the S&P SL20 down 2.19% to 4,541.71. Banks and export-linked stocks led losses, with top negative contributors including Sampath Bank, Commercial Bank, John Keells, HNB and LOLC and turnover sliding to 3.17 billion rupees.

Sri Lanka stocks plunged for a second day as the ASPI fell 362.66 pts (2.32%) to 15,294.94 and the S&P SL20 fell 125.95 pts (2.71%) to 4,517.37 after a US executive order imposing a 44% tax on Sri Lanka. Major banks and exporters including Commercial Bank, Sampath, HNB, LOLC, John Keells, Teejay Lanka, Hela Apparel, Haycarb and Dipped Products dropped roughly 0.2–5.6%.

Colombo stock market plunged over 2% as the ASPI fell 350 points after the US imposed reciprocal tariffs on Sri Lanka, hitting export-oriented counters. Turnover rose to Rs.3.8bn with heavy selling in Commercial Bank, Hayleys, Melstacorp, HNB and Sampath, while a 38% TSML stake sale by JKH drove turnover.

A US 44% reciprocal tariff on Sri Lanka exports triggered a market sell-off, sending the ASPI down 2.19% (349.84 pts) and hitting exporters and other stocks (e.g., Hela Apparel -8.11%, Teejay Lanka -8.66%).

US announced a 44% reciprocal tariff on Sri Lanka, triggering a slump in export stocks: Hela Apparel -8.11% (LKR 3.40), Teejay Lanka -9.06% (LKR 46.20), Haycarb -5.31% (LKR 78.50), Dipped Products -7.53% (LKR 52.80).

The Colombo market opened April higher, with the ASPI up 119 points (0.76%) on turnover of Rs. 1.9 billion. Banking stocks saw early selling around XD dates while blue-chips and capital goods (e.g. Hayleys, John Keells, Melstacorp) were key contributors.

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 market closed lower as the ASPI fell 60 points to 15,848 despite net foreign inflows of Rs.133.8m and turnover of Rs.1.6bn (down 23.4% vs monthly average). Banking-led turnover (HNBN top at Rs.297m) saw HNB, CINS, JKH, DFCC and CFIN drag the market while CCS and Richard Pieris attracted buying.

Colombo market closed flat (ASPI -4) despite higher turnover of Rs.2.9bn led by Sampath Bank (Rs.1.2bn); banking drove 52% of turnover while capital goods and food/beverage/tobacco made up 26%. Foreign investors were net sellers (Rs.122m) and several large crossings dominated activity.

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% for the week and jumped 1.4% (216 points) on Friday as banking and capital goods stocks led gains. Turnover averaged Rs.1.9 billion for the week and foreign investors were net sellers of Rs.140.2 million.

ASPI rose 1.67% (256 pts) as turnover reached Rs.3.67bn, led by heavy Sierra Cables volume and buying in banking and diversified-financial stocks. Banking stocks and capital-goods names (notably Sierra Cables, John Keells, CDB, HNB) were key contributors.

The ASPI fell about 211 points (1.35%) as the CSE opened lower on a selling spree with turnover of Rs.1.27 billion. Banking counters led the decline while capital goods and food & beverage drove turnover; major laggards included MELS, NDB and SAMP.

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.

Sri Lanka's ASPI fell 0.71% to 16,000.78 on Monday as turnover dropped to 824 million rupees, with bank and capital goods stocks leading the decline — top negative contributors included Chevron Lubricants, Sampath Bank, Commercial Bank and DFCC Bank. Most active volumes were in Browns Investments, R I L Property, Hela Apparel and HNB Finance, with a net foreign inflow of 16 million rupees.

ASPI fell 1.84% (297 pts) to 15,870, turning YTD performance to -0.47%, with the banking sector leading losses and DFCC, HNB, SAMP, COMB and CINS the top detractors. Turnover rose to Rs.2.4 billion, with banking accounting for 41% of turnover.