CSE ends in green for fourth straight session

Thursday, 30 April 2026 00:00 -     - {{hitsCtrl.values.hits}}

The Colombo stock market inched up yesterday to close in green for the fourth straight session.

The ASPI ended up 0.07% or 14.85 points at 22,635 and the S&P SL20 was up 0.18% or 11.33 points at 6,241.01.

Market turnover was nearly 4.2 billion on over 214.3 million shares traded and foreign investors remained net sellers on a net outflow of Rs. 332.5 million.

First Capital Research said that amid rising global oil prices following the announcement of the UAE’s withdrawal from OPEC, coupled with prevailing global uncertainty, the market remained largely subdued during today’s session. 

The ASPI recorded a marginal gain of 15 points to close at 22,635, supported by heightened participation in the newly listed JXG share. 

However, the market breadth continued to remain negative with 92 gainers against 135 decliners. 

CINS, JXG, BREW, DIAL and JKH emerged as the top positive contributors to the ASPI. Retail investor participation remained elevated, with notable interest in JXG and several small to mid-cap shares, while HNW participation was observed at average levels. 

The diversified financial sector led the daily turnover with a share of 47%, followed by the banking and capital goods sectors collectively contributing 20%. 

NDB Securities said the ASPI edged up as a result of price gains in counters such as Janashakthi Limited, Ceylon Beverage Holdings and John Keells Holdings.

High net worth and institutional investor participation was noted in Digital Mobility Solutions Lanka, Prime Lands Residencies and National Development Bank. Mixed interest was observed in Janashakthi Limited, John Keells Holdings and Asiri Hospital Holdings whilst retail interest was noted in Softlogic Finance, HVA Foods and Softlogic Holdings. 

The diversified financials sector was the top contributor to the market turnover due to Janashakthi Limited whilst the sector index edged up by 0.09%. The share price of Janashakthi Limited increased by Rs. 3.70 to close at Rs. 13.70.

The banking sector was the second highest contributor to the market turnover due to National Development Bank whilst the sector index edged down by 0.10%. The share price of National Development Bank lost 50 cents to close at Rs. 112.50.

Prime Lands Residencies, Digital Mobility Solutions Lanka and John Keells Holdings were also included amongst the top turnover contributors. The share price of Prime Lands Residencies moved down by 70 cents to Rs. 48.50. The share price of Digital Mobility Solutions Lanka recorded a gain of Rs. 1.75 to close at Rs. 152.50, and John Keells Holdings appreciated by 10 cents to Rs. 20.60.

 

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