News & market updates

Colombo market rose for a second session as the ASPI gained 0.22% to 22,436.14 on turnover above Rs.3.1bn, driven by elevated HNW activity with PKME, Dialog and NDB among top contributors; foreigners were net sellers of Rs.333.3m.

Colombo Stock Exchange edged up 0.22% as the ASPI closed 50.23 points higher at 22,436.14, despite foreign investors selling a net Rs 333 million; top contributors were Aitken Spence, Dialog Axiata and Melstacorp.

C. W. Mackie PLC appointed Mangala Perera as Group Chief Executive Officer; he was previously Executive Director – Group Chief Operating Officer and has over 26 years of senior cross-industry experience.

Kurundu Wellness at Cinnamon Life is hosting an International Yoga Day Signature Experience on 20–21 June 2026, limited to 50 participants per day with packages priced at LKR 25,000++, LKR 40,000++ and LKR 55,000++. Packages include yoga, sound healing, access to wellness facilities and optional signature massage.

Colombo market edged up as the ASPI rose 0.04% (8.62 pts) to 22,385.91 while the S&P SL20 fell 0.17% to 6,210.72. Turnover was Rs.2.56bn on 107m shares, the banking sector led turnover and foreigners were net sellers of about Rs.12.2m.

The Computer Society of Sri Lanka hosted the CSSL National CIO Forum 2026 and unveiled the CIO List 2025 at Shangri‑La Colombo, convening 150+ senior leaders from banks, telecoms, conglomerates and healthcare to emphasise CIOs' role in digital transformation and AI governance.

Colombo Stock Exchange closed flat, with the ASPI up 0.04% at 22,385 and the S&P SL20 down 0.17% at 6,210; turnover was 2.5 billion rupees. Top positive contributors were CT Holdings, Lion Brewery and Hayleys.

Colombo market closed flat as the ASPI fell 0.02% to 22,377.29 after an early peak at 22,563.09, while the S&P SL20 rose 0.03% to 6,221.32 on turnover of Rs. 3.85bn. Foreigners were net buyers (Rs. 427.1m); top contributors were JKH, HAYL, DOCK, BREW and BIL, with CARG, CINS, SAMP, NDB and CFIN weighing on the index.

Softlogic Holdings (Softlogic Life) appointed former cricketer Wasim Akram as brand ambassador and launched a TV commercial, noting a 36% market share in the insurance sector.

Alumex PLC has installed a new 20 MN, 7-inch aluminium extrusion line at its Sapugaskanda plant, expected to exceed 1,000 kg/hour and monthly output over 2,000 tonnes. The Industry 4.0 line includes AI/IoT production controls and is projected to cut energy use 30–40%, boosting yield and export capability.

ASPI jumped 3.43% (743.22 pts) to 22,380.65 as markets rallied on signs of a possible end to the Middle East war, with index-weighted counters SAMP, COMB, JKH, MELS and DIAL among top contributors; turnover exceeded Rs.4bn and foreigners were net buyers (Rs.21.1m).

Cinnamon Life at City of Dreams Sri Lanka (John Keells Hotels) is running Father’s Day promotions from 19–21 June offering limited-edition 'Super Dad' 500g cakes at LKR 4,500++ and a slow-cooked short ribs dinner with free-flow pints priced at LKR 14,500+++ per person.

Colombo Stock Exchange closed flat with the ASPI down 0.02% to 22,377 and the S&P SL20 up 0.05% to 6,222; top gainers included Sunshine and Commercial Bank, while Singer and Sampath Bank were among the laggards.

Colombo Stock Exchange ASPI rose 0.34% to 22,456.18 (up 75.53 pts) as turnover reached 2.42 billion rupees, with materials leading turnover at 1.4 billion. Top positive contributors were Melstacorp, Commercial Bank, HNB and DFCC, while LOLC and Prime Lands were top decliners.

Colombo Stock Exchange rose 3.43% as the ASPI gained 743.22 points to close at 22,380 on positive sentiment after a US-Iran deal. Top contributors included Sampath Bank, Commercial Bank, John Keells and Melstacorp, and Senkadagala Finance announced a 2.8 rupee dividend.

Sierra Cables PLC reported FY2025/26 revenue of LKR 16 billion and net profit of LKR 2.7 billion, up 73% and 194% year‑on‑year respectively. Export revenue rose 345% to LKR 5.0 billion (31% of group revenue) with expansion into the US market.

A seminar on recent mid-year tax reforms will be held on 24 June 2026 at Cinnamon Lakeside, covering increases to CGT, criminalisation of tax offences, new income tax calculations, expanded CGIR powers, digital VAT and lower VAT/SSCL thresholds. It is targeted at hotel management, banking/finance compliance and tax professionals.

Colombo market rebounded as the ASPI rose 1.73% (367.41 pts) to 21,637.43 and the S&P SL20 gained 1.55% to 6,027.05. Turnover was below Rs.2bn with foreign investors net buyers of Rs.24.4m; HNB, COMB, JKH, DFCC and RIL were key positive contributors and banks led turnover (25%).

Sri Lanka's CSE closed up with the ASPI rising 1.75% to 21,642.95 after US President Trump said he cancelled planned strikes on Iran. Banks led turnover and several banks and blue-chips rose, while Dialog Axiata passed AGM resolutions including a final dividend and its shares closed up.

Colombo Stock Exchange ASPI rose 1.68% (up 357.08 pts) to 21,627.10, with the S&P SL20 up 1.55% as banks supported gains. Market turnover was Rs.666m led by real estate; Colombo Fort Investments and Colombo Investment Trust listed scrip-dividend shares effective June 12, 2026.

Colombo Stock Exchange closed down as the ASPI fell 0.89% (191.45 points) to 21,270.02. Bank stocks led declines with DFCC, Commercial Bank and National Development Bank among top negatives, while Ambeon, Melstacorp and Asiri gained; Asia Asset Finance filed a rights issue to raise Rs1.5bn.

BYD topped CAM's Automotive INNOVATIONS Report 2026 as Most Innovative Automotive Group with an innovation index score of 157, the first Chinese automaker to claim the top spot. John Keells' JKCG Auto said it is proud to bring BYD's NEV technology to Sri Lanka as the group's official local partner.

ASPI fell 0.4% (85.70 pts) to 21,461.47 as selling pressure reversed early gains; turnover was below Rs.1.7bn and foreign investors were net buyers of Rs.55.9m. Major negative contributors were C T Holdings, Melstacorp, Ambeon, Access Engineering and Central Finance, while John Keells, Chevron Lubricants and Commercial Bank were top turnover names.

Hayleys Solar (Hayleys Fentons) completed a 1.7MWp rooftop solar installation for GPV Lanka in Negombo, supplying part of the site's operational energy needs. The project supports GPV's energy-efficiency goals and Hayleys' renewable energy service activity.

Hayleys PLC secured a District Court of Kaduwela enjoining order preventing former MP Wimal Weerawansa from making or publishing defamatory statements about the company. Hayleys has sought Rs. 6 billion in cumulative damages; the matter is listed for hearing on 23 June 2026.

Colombo Stock Exchange closed down as the ASPI fell 0.40% (85.54 points) to 21,461.63, with market turnover of 1.67 billion rupees. Bukit Darah, John Keells, Aitken Spence and Associated Motor Finance were positive contributors while C T Holdings and Melstacorp were among the largest decliners; capital goods led turnover at 469.3 million rupees.

The Embassy of Sri Lanka and VJSC hosted a tourism promotion event in Ho Chi Minh City on 8 June, highlighting VietJet's planned Ho Chi Minh–Colombo service from 18 Aug 2026 and Vietnam Airlines' direct flights later in 2026, boosting prospects for Sri Lanka's tourism industry and hotels.

Colombo Stock Exchange trended up intraday, with the ASPI +0.26% (55.89 pts) to 21,603.06 and the S&P SL20 +0.16% (9.59 pts) to 6,010.27; market turnover was LKR 511.7m, led by capital goods (LKR 32.3m). Top positive contributors included Melstacorp, Hayleys, John Keells and Lanka IOC; Commercial Bank, Malwatte Valley Plantations and Ceylon Cold Stores were top negatives.