News & market updates

Colombo market closed in the green for a fourth straight session as the ASPI rose 0.07% to 22,635 and the S&P SL20 gained 0.18% to 6,241.01; turnover was about Rs.4.2bn and foreign investors were net sellers of Rs.332.5m. CINS, BREW and JKH were among top contributors while diversified financials and banks led turnover.

ASPI fell 1.33% to 20,364.97 as the market reacted to Middle East tensions and rising crude oil prices. Market turnover was Rs.2.37bn, the market has lost over Rs.1.1tn since 28 Feb, primary negative contributors were DOCK, JKH, RIL, DIAL and CFIN, while JKH, SINS and DIAL saw largest foreign outflows and PKME, WIND and TAP largest inflows.

Colombo market rebounded as the ASPI rose 1.09% (222.54 pts) to 20,640.63 on turnover of Rs.5.27bn, while foreign investors were net sellers of Rs.191.2m. Banking led turnover (34%) driven by HNB crossings of Rs.607.7m; top movers included DOCK, RIL, AEL, MELS and ACL.

ASPI fell 1.63% to 21,998.12 as Middle East tensions and higher oil prices weighed on the Colombo market. S&P SL20 dropped 1.71% to 6,172.28 with broad declines led by JKH, HNB, MELS, HAYL and SAMP; turnover topped Rs.4.1bn and foreigners were net buyers of Rs.32.2m.

Asia Securities convened 150+ investors and corporate leaders at the Sri Lanka Investor Conference 2026 to present a constructive capital-market outlook, with speakers citing roughly 4% GDP growth prospects for 2026. Panels highlighted construction, banking/finance, consumer and digital sectors as key growth drivers and projected strong corporate earnings expansion.

University of Kelaniya won the CFA Institute Research Challenge Sri Lanka 2025/26 after teams presented investment analyses of Digital Mobility Solutions Lanka PLC (PickMe) at HNB Towers on Feb 27; the winners and runners-up advance to the Sub-Regional stage.

Four university teams qualified for the CFA Institute Research Challenge Sri Lanka local finals and will present equity research on Digital Mobility Solutions Lanka PLC (PickMe) on 27 February 2026 at the HNB Auditorium in Colombo.

Digital Mobility Solutions Lanka PLC (PickMe) reported revenue of Rs. 6.2 billion for the first nine months of FY25/26, up 50% YoY, with operating profit rising 93% to Rs. 2.1 billion and net profit up 89% to Rs. 1.5 billion; GTV increased 46% to Rs. 59.5 billion.

Colombo market rose for a ninth straight session as the ASPI gained 1.21% to 23,292.91, with market turnover about Rs. 6.6bn; banking counters led activity and top positive contributors included HNB, COMB, JKH, NDB and SAMP.

CT Smith said the Colombo bourse hit record highs in 2025, with the ASPI up 42% YoY to 22,624 and the S&P SL20 up 27% YoY to 6,157. Net foreign outflow was Rs. 38,563mn, average daily turnover rose to Rs. 5,181mn, with net foreign buying in DIAL, PKME and RICH and selling in JKH, CTHR and HNB.

Digital Mobility Solutions Lanka PLC (PickMe) has written to the Inspector General of Police after escalating incidents of intimidation, obstruction and violence against independent drivers in tourist zones, requesting written police directives, zero-tolerance enforcement, an enforcement review mechanism and a joint stakeholder forum.

PickMe (Digital Mobility Solutions Lanka PLC) has written to the Inspector General of Police after independent drivers using its platform faced intimidation, physical assaults and road obstruction in tourist areas such as Ella. The company urged written police directives, a zero-tolerance approach, enforcement reviews and a joint stakeholder forum to protect drivers and tourists.

Digital Mobility Solutions Lanka PLC (PickMe) has been selected as the subject company for the CFA Institute Research Challenge Sri Lanka 2025–2026, with local finals scheduled for February 2026. Twenty-seven university teams will prepare equity research reports on the company, with the winner advancing to the sub-regional round.

Sampath Bank has partnered with Digital Mobility Solutions Lanka PLC (PickMe) to integrate Visa’s CyberSource internet payment gateway, enabling secure card payments across PickMe rides and delivery services.

Colombo market closed higher for a second straight session, with the ASPI up 0.11% to 22,844.23 and the S&P SL20 up 0.20% to 6,311.30. Market turnover was over Rs.3.4bn (38% below the monthly average), foreign investors were net sellers of Rs.124.56m, policy rates were maintained and investors showed interest in hotel counters; key movers included HNB, DOCK, DIMO, AEL and PKME.

Colombo Stock Exchange ASPI rose 24.32 points to 22,844.23 as turnover fell to LKR 3.44 billion. Top contributors included Kerner Haus (CPRT) which jumped 124.50 rupees to 780.50 after signing a property management deal, and gains in HNB, DOCK, DIMO, AEL and PKME.

Colombo market opened higher as the ASPI rose 0.54% (+123.47 pts) to 22,928.31 with turnover over Rs.5.7bn and foreign net outflow of Rs.645.4m. Aitken Spence and Sierra Cables led capital-goods turnover; PKME, JKH, COMB, SFCL and BUKI were key positives while SPEN eased and SIRA was flat.

ASPI closed up 0.27% (62.41 pts) to 22,839.53 as HNW-led buying and large crossings in ATL, JKH and DOCK supported the recovery. Turnover was Rs.7.78bn with a net foreign outflow of Rs.857m; capital goods, insurance and retailing led activity.

Digital Mobility Solutions Lanka (PickMe) reported Q2 revenue of Rs. 2.1b, up 51% YoY, and net profit of Rs. 514m, up 84% YoY; it declared an interim dividend of Rs. 1.70 per share (60% payout).

Dividend · Rs 1.70 · XD Nov 10, 2025

First Interim dividend of LKR 1.7/share; XD 2025-11-10; record 2025-11-10; payable 2025-11-27; FY 2025/2026

Colombo market opened lower as the ASPI fell 0.10% to 22,788.79; major movers included Colombo Dockyard (DOCK +24.20%) and Ceylon Hospitals (CHL +25.64%), while C T Holdings, Central Finance and Richard Pieris were among the session's laggards.

The Colombo bourse closed the four-day week higher as the ASPI rose 1.01% (223.83 pts) to 22,318.72 and the S&P SL20 gained 0.62% to 6,226.03, with weekly turnover of Rs.8.45bn and foreign net outflows of Rs.265.1m. JKH, HNB, LFIN, COMB and PKME were top positive contributors, while CFVF rose on a cash dividend announcement and ACL saw higher participation after a share subdivision.

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 bourse extended its rally into a sixth session as the ASPI rose 0.26% (55.97 pts) to 21,282.84, with turnover of Rs.6.56bn and net foreign inflows of Rs.61.4m. Diversified financials led turnover and NBFIs anchored the move; top contributors included HAYL, CALH, BIL, DIMO and CCS.

Ten corporates, including SPEN.N0000, LOLC.N0000, CARS.N0000, SUN.N0000, PKME.N0000 and DIMO.N0000, sponsored the Daily FT-CICRA 11th Annual Cyber Security Summit to provide cybersecurity training to over 100 state university students.

Colombo market fell as the ASPI and S&P SL20 declined 1.25% amid profit-taking led by banks, with ASPI down 257 points — the largest intraday drop since 23 June. Turnover was Rs.4 billion and foreigners recorded a net outflow of Rs.80.5 million; several bank counters led losses.

Colombo market rebounded as ASPI rose 0.4% (S&P SL20 +0.6%) on turnover of Rs.11.87bn led by CT Holdings (Rs.3.6bn), Cargills (Rs.1bn), CDB, PickMe and Sierra Cables. Selected banks (HNB, NDB, NHL, BIL, DFCC) were top positive contributors while foreign investors were net sellers (Rs.2.6bn), with CT Holdings seeing net foreign selling.