CSE opens week in red

Tuesday, 7 July 2026 05:56 - - {{hitsCtrl.values.hits}}

The Colombo stock market yesterday opened the week deep in red.

The ASPI was down 0.44% or 98.08 points at 22, 080.65 and the active S&P SL20 was down 0.44% or 27.17 points at 6,167.05.

Market turnover was over Rs. 1.35 billion on over 41.7 million shares traded. Foreign investors remained net sellers, posting a net outflow of Rs. 315.8 million.

First Capital said the investor sentiment remained subdued amid dull market activity, with foreign selling activity and crossing transactions contributing to market turnover. Compared to last week, HNW participation remained low, while retail participation increased.

The main negative contributors to the ASPI were CINS, HNB, RIL, DIAL, and CFIN. Utilities sector led the daily turnover with a share of 28%, followed by the capital goods, and banking sectors collectively contributing 26%.

NDB Securities said the high net worth and institutional investor participation was noted in Windforce, Hemas Holdings and Hatton National Bank nonvoting. Mixed interest was observed in Singer Sri Lanka, Ceylon Cold Stores and John Keells Holdings, whilst retail interest was noted in HNB Finance, Lanka Credit and Business Finance and Ceylon Land & Equity.

Utilities sector was the top contributor to the market turnover due to Windforce Ltd., whilst the sector index lost 0.36%. The share price of Windforce Ltd., decreased by 10 cents to close at Rs. 40.90.

Capital Goods sector was the second highest contributor to the market turnover, due to John Keells Holdings and Hemas Holdings, whilst the sector index decreased by 0.12%. The share price of John Keells Holdings recorded a loss of 10 cents to close at Rs 20.10. The share price of Hemas Holdings closed flat at Rs. 32.80.

Singer Sri Lanka and Ceylon Cold Stores were also included amongst the top turnover contributors. The share price of Singer Sri Lanka gained 10 cents to close at Rs. 75.10. The share price of Ceylon Cold Stores moved down by Rs. 1.75 to close at Rs. 128.25.