CSE begins month on the up

Thursday, 2 October 2025 00:00 - - {{hitsCtrl.values.hits}}

Colombo stock market began the month extending its rally to a 12th session closing on the up yesterday on buying interest in banking stocks.

The benchmark ASPI gained 0.33% to close 72.7 points higher at 21,851.30.

The active S&P SL20 closed 12.26 points up, gaining 0.20% to 6,138.79.

Turnover was Rs. 6.46 billion on more than 225.2 million shares traded.

Foreign investors were net buyers yesterday with a net inflow of Rs. 90.7 million, compared to a net outflow of Rs. 362.2 million the previous day.

First Capital Research said amidst the volatility observed during the day, Colombo Bourse ended the session in green territory, strengthened by the positive investor sentiment towards the Banking sector.

ASPI was up by 73 points and ended the day at 21,851. Both retail and HNW participation were high, whereas more positivity was observed towards selected Diversified Financials sector counters.

MELS, HHL, DIMO, PLC and RIL were the top positive contributors to the index.

Turnover for the day stood at Rs. 6.5 billion, reflecting a decrease of 9% compared to the monthly average that stands at around Rs. 7.1 billion.

Capital Goods sector took the lead in terms of sector wise contributions to turnover, with a share of 15%, followed by the Banking sector, and Food, Beverage and Tobacco sector which produced a combined contribution of 26%.

Foreign investors turned net buyers, recording a net inflow of Rs. 90.7 million.