CSE closes up on HNW interest

Friday, 31 October 2025 00:06 - - {{hitsCtrl.values.hits}}

The Colombo stock market closed on the up yesterday with high net worth (HNW) investors helping to sustain the previous session’s recovery.

ASPI closed up 0.27%, gaining 62.41 points to 22,839.53. However, the active S&P SL20 was down 0.13%, losing 7.92 points to 6,202.71.

Market turnover was more than Rs. 7.78 billion on over 223.1 million shares traded.

Asia Securities Research said a notable increase in foreign activity was observed in the market, with a net foreign outflow of Rs. 857 million. The market breadth was positive with 135 price gainers and 106 decliners.

First Capital Research said retail participation remained subdued throughout the session, while strong HNW interest dominated market activity, supported by large-scale crossings in ATL, JKH, and DOCK.

Key positive contributors to the index included CINS, DOCK, SINS, GRAN, and DIMO. However, weakness across several blue-chip counters weighed on performance, pushing the S&P SL20 into negative territory.

The day’s turnover was 6% higher than the monthly average of Rs. 7.4 billion.

The Capital Goods sector led activity, accounting for 27% of total turnover, followed by the Insurance and Retailing sectors, which collectively contributed 28%.

NDB Securities said investor participation was noted in Amana Takaful while mixed interest was observed in Colombo Dockyard, Digital Mobility Solutions Lanka and Sierra Cables whilst retail interest was noted in Industrial Asphalts, LOLC Finance and Ceylon Tea Brokers.

The share price of John Keells Holdings lost 10 cents to close at Rs. 20.70. The share price of Colombo Dockyard moved up by Rs. 38.50 to close at Rs. 336.50. The share price of Amana Takaful increased by Rs. 2 to close at Rs. 29.

Digital Mobility Solutions Lanka and Singer Sri Lanka were also included amongst the top turnover contributors. The share price of Digital Mobility Solutions Lanka recorded a gain of Rs. 3.50 to close at Rs. 149.75. The share price of Singer Sri Lanka appreciated by Rs. 4.80 to close at Rs. 95.