CSE closes in red, rally ends on investors booking profits

Friday, 14 November 2025 00:00 - - {{hitsCtrl.values.hits}}

The Colombo stock market closed in red yesterday as investors booked profits after the post-Budget rally.

The ASPI closed down 0.84%, 198.24 points lower at 23,461.46. The S&P SL20 ended 1.52% lower, down 99.45 points to 6,458.15.

Turnover was over Rs. 6.4 billion in nearly 167.9 million.

Foreign investors were net sellers with a net outflow of over Rs. 788.7 million.

First Capital Research said the market dip was due to profit taking. Retail participation remained moderate, while HNW activity was relatively subdued.

The downturn was primarily driven by banking and selected blue-chip counters, with SAMP, HNB, JKH, NDB, and BUKI emerging as the key negative contributors to the index.

The Banking sector dominated market activity, accounting for 39% of total turnover, followed by the Materials and Capital Goods sectors, which jointly contributed 29%.

Asia Securities said notable price declines in SAMP, NDB, HNB:N, and COMB:N were recorded during the session. JKH, TKYO:N, LFIN, DIAL, and HHL closed in the red, leading to a broad-based decline during the session.

A notable increase in foreign activity was observed in the market.

Market turnover declined, led by TKYO:X (Rs. 717 million), HDFC (Rs. 647 million), and HNB:X (Rs. 393 million). SAMP, HNBN, and JKH were the major laggards of the index for the day. T

The market breadth was negative with 81 price gainers and 159 decliners.