Colombo Stock Exchange closed with the All Share Index down 0.11% at 11,482 and the S&P SL20 up 0.08% at 3,302, on turnover of 547 million and net foreign inflow of 580,955. Top movers included Sampath Bank, NDB and Aitken Spence (higher), Chevron Lubricants and Teejay (foreign buying) and Melstacorp (down).
Colombo Stock Exchange closed lower as All Share Index fell 0.08% to 11,494 and S&P SL20 fell 0.02% to 3,300, with differing informal election polls weighing on sentiment. Turnover was 580 million with net foreign inflow of 47.8 million; crossings included JKH, TJL and MELS, and Lanka Aluminium declared a Rs1 dividend.
Colombo Stock Exchange closed down—All Share Index fell 0.24% to 11,504 and S&P SL20 fell 0.24% to 3,300, with turnover of 539 million as election polls increased investor uncertainty.
Colombo Stock Exchange closed higher: All Share Index up 0.58% at 11,413 and S&P SL20 up 1.05% at 3,278, with turnover of 1.3 billion. Banks drew interest after positive interim results — Hatton National Bank posted a six-month PAT of 15.4 billion; John Keells saw 144 million in foreign buying while Hayleys faced foreign selling.
Colombo market improved as the ASPI rose 35 pts to 11,347 and turnover jumped to Rs.648.6m (up 92%), led by Capital Goods; key contributors included JKH, CTC, RCL and others, while there was a net foreign outflow of Rs.23m.
Consumer Staples (FMCG)
Ada Derana·Aug 13, 2024·Earnings & resultsPositive
Aitken Spence PLC reported EBITDA of Rs. 4.3bn for 1Q 2024/25, a 111% YoY increase, with PBT of Rs. 575.8m (turnaround from prior-year loss). Tourism EBITDA was Rs.1.7bn and maritime/logistics Rs.1.2bn, while rupee appreciation and lower freight rates weighed on some segments.
Aitken Spence PLC reported EBITDA of Rs. 4.3 billion for 1Q 2024/25, up 111% YoY, and PBT of Rs. 575.8 million reversing a prior-year loss. Tourism (EBITDA Rs.1.7bn), maritime/logistics (Rs.1.2bn) and renewables improved, while FX appreciation and lower freight rates weighed on some segments.
Colombo Stock Exchange closed higher (All Share +0.31%, SL20 +0.33%) as foreign interest returned, with foreign buying of John Keells (JKH) contributing over Rs100m to turnover. Ceylon Tobacco (CTC) posted higher interim profits and a Rs38.3 dividend, while First Capital Treasuries (FCT) reported profit declines tied to weaker government securities.
Colombo market closed up Friday with the ASPI +0.44% to 11,303 on turnover of Rs. 403.3m, though the week ended with losses (ASPI -1.2%, S&P SL20 -2.0%). Top contributors included Sampath, Richard Pieris, Aitken Spence, LOLC, Access Engineering and John Keells, while Commercial Bank edged down slightly.
Consumer Staples (FMCG)
Ada Derana·Aug 7, 2024·Award or certificationPositive
UN Global Compact Network Sri Lanka will present sessions at the 'Forward Faster Now | Asia & Oceania' event (5–6 Aug 2024) and run sustainability accelerators; speakers from listed firms include Talawakelle Tea Estates (TPL), Commercial Bank of Ceylon (COMB) and Aitken Spence (SPEN).