CSE announces constituent change in S&P Sri Lanka 20 index

Monday, 23 June 2025 03:38 -     - {{hitsCtrl.values.hits}}

The Colombo Stock Exchange (CSE) has announced the new constituents of the S&P Sri Lanka 20 index made by S&P Dow Jones Indices at the 2025 Mid-Year rebalance.

The exclusion was Distilleries Company of Sri Lanka PLC and the inclusion is Central Finance Company PLC, effective 23 June 2025.

The S&P SL 20 index includes the 20 largest companies, by total market capitalisation, listed on the CSE that meet minimum size, liquidity and financial viability thresholds. The constituents are weighted by float-adjusted market capitalisation, subject to a single stock cap of 15%, which is employed to reduce single stock concentration. 

The S&P SL 20 index has been designed in accordance with international practices and standards. All stocks are classified according to the Global Industry Classification Standard (GICS), which was co-developed by S&P Dow Jones Indices and MCSI and is widely used by market participants throughout the world.

To be eligible for inclusion, a stock must have a minimum float-adjusted market capitalisation of 500 million Sri Lankan rupees (Rs.), a six-month median daily value traded of Rs. 0.25 million and have positive net income over the 12 months prior to the rebalancing reference date. For information, including the complete methodology, please visit: www.spindices.com 

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