Colombo market reverted to YTD positive as the ASPI rose 73 points (0.46%) to 16,007, leaving YTD up 0.39%, while foreigners were net sellers of Rs. 282m. Top movers included HAYL and CTC; turnover was Rs. 2.3bn led by Capital Goods and Food, Beverage & Tobacco sectors.
Sri Lanka stocks rose as the ASPI closed up 0.46% (73.06 pts) at 16,007.44 with turnover Rs 2.29bn; top contributors were Hayleys (+3.0%), Ceylon Tobacco (+1.7%), Royal Ceramics (+2.6%), Chevron Lubricants (+2.9%) and Dialog Axiata (+2.1%). Most active by volume were John Keells, Browns Investments and Access Engineering.
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 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.
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.
ASPI rose 224 points to 16,597 and the S&P SL20 closed at 5,047 as the Colombo market hit new highs on Rs.8.3bn turnover led by banking stocks, with Commercial Bank, HNB, DFCC, NDB and Sampath among the top contributors.
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.
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.
Colombo market saw nearly Rs.10bn turnover yesterday as ASPI rose 0.8% (week +4.9%), led by banking and diversified financials; top contributors were HNB, LOLC, DFCC, RCL and MELS, with notable gains in HNB, Commercial Bank, DFCC and LOLC.
Colombo Stock Exchange closed up as the ASPI rose 0.88% to 15,535.60 with turnover of Rs9.8bn, led by banks and diversified financials. Top contributors were HNB (trading contribution Rs2.6bn), LOLC, DFCC, Royal Ceramics and Melstacorp.
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.
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.
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 higher as the ASPI hit an all-time high, up 1.29% to 13,511 and the S&P SL20 rose 1.90% to 4,016 on turnover of Rs5.2bn. Banks and bluechips led gains (Commercial Bank, Sampath, John Keells, DFCC, NDB, Lion Brewery) amid bullish flows and nearing debt restructuring.
Colombo market rose as the ASPI gained 0.84% (111 pts) to 13,340 with turnover of Rs.3.22bn and foreign net buying of Rs.85.3m. Top contributors included LOLC, CFIN, RCL, HNB and DIPD, while Agarapatana (+0.20 to Rs.9) and ACL Cables (+2.70 to Rs.98.50) saw notable activity.
Construction ActivityTourismTea & Plantation CropsConsumer Staples (FMCG)
Colombo Stock Exchange closed up as ASPI rose 0.84% to 13,355, led by the food, beverage and tobacco sector (Rs783mn turnover). Top turnover movers included Agarapatana, Dipped Products, Central Finance, ACL Cables and CIC; Sunshine Holdings (amalgamation announced) also closed higher.
Colombo bourse rose with the ASPI up 0.9% (115 pts) and turnover jumping to Rs.5.1bn, boosted by crossings and heavy banking-sector activity. Top contributors included Sampath Bank, Commercial Bank, John Keells, Hemas and NDB, with a net foreign outflow of Rs.246.3m.
Colombo Stock Exchange closed higher as ASPI rose 0.88% to 13,164 and the S&P SL20 gained 1.06% to 3,917, with turnover Rs5bn and Rs2.7bn in banking stocks. The banking sector drew local investor interest after the government set a deadline for the ISB exchange, with Sampath Bank among top turnover names.
Interest Rates
Daily FT·Nov 21, 2024·Award or certificationPositive
CA Sri Lanka hosted the SAFA Best Presented Annual Report Awards 2023 in Colombo, where Sri Lankan firms won 24 awards. Several listed companies — including Commercial Bank, Hayleys, Haycarb, Royal Ceramics, Access Engineering, Kelani Valley, Talawakelle, DIMO, Sri Lanka Telecom, Ceylon Tea Brokers, NDB and L B Finance — received awards or merit recognitions.
Colombo stock market ended the week with marginal losses — the ASPI fell 0.5% for the week (up 0.6% on Friday) with Friday turnover of Rs. 2bn. Ceylon Tobacco announced an interim dividend of Rs. 40.90 per share; notable moves included gains in Royal Ceramics, Dipped Products and Lanka Milk Foods and a decline in John Keells.
Consumer Staples (FMCG)Construction ActivityTourismRenewable Energy
Colombo Stock Exchange ASPI rose 0.57% to 12,800 on Friday with turnover Rs2 billion and net foreign inflows of Rs199 million. Top turnover generators included Royal Ceramics, Dipped Products, Lanka Milk Foods, John Keells and Sampath Bank; banking stocks showed mixed moves.
Royal Ceramics Lanka PLC (Rocell) opened its 73rd Rocell Concept Centre in Gampaha, a 6,500 sq ft showroom featuring 700+ tile designs (including 80x80, 80x120, 1Mx1M formats) and 70+ sanitaryware designs with premium fittings.
ASPI closed down 4 points at 12,309 while S&P SL20 rose 2 points, with turnover of Rs.1.5 billion and foreign investors net selling Rs.109.4 million. ACL, UAL and HELA were among gainers while CFIN, LMF, LIOC, HAYL, RCL and SPEN were notable losers; Capital Goods led turnover.
Construction ActivityTea & Plantation CropsConsumer Staples (FMCG)
Colombo Stock Exchange closed mixed: ASPI fell 0.03% to 12,309 while the S&P SL20 rose 0.05% to 3,624, with turnover of 1.4 billion and net foreign outflow of 109 million rupees. Top gainers included Sampath Bank, ACL Cables and Hemas; laggards included Hayleys, Central Finance, Royal Ceramics and Aitken Spence, and Lanka IOC reported a 50% drop in Sept quarter profit to 2,525 million rupees.
Colombo Stock Exchange rebounded as the ASPI rose 0.27% to 12,290 on turnover of about Rs.1.75 billion, driven by gains in hotel counters and select plantation and telecom stocks.