CSE ends in red after sharp spike

Wednesday, 11 February 2026 00:00 - - {{hitsCtrl.values.hits}}

The Colombo stock market closed yesterday in the red for the second consecutive session after sliding from a sharp rally which saw the ASPI reach over 23,800 points in early trading.

The ASPI ended down 0.43% or 103.17 points at 23,651.09 and the active S&P SL20 was down a marginal 0.05% or 3.27 points at 6,605.41.

Turnover was over 3.54 billion on nearly 158.2 million shares traded. Foreign participation in the market activity remained at subdued levels closing as net sellers with a net outflow of Rs. 465.9 million.

First Capital said the Colombo Bourse yesterday showed a mild downward drift throughout the session, with both indices slipping into the red and failing to sustain early momentum amid selling pressure and profit-taking.

Top negative contributors to the ASPI were SFCL, CARG, DIAL, CFIN and DOCK. Meanwhile, share prices of 147 companies declined during the session, while only 67 recorded positive contributions.

HNW and retail investors’ participation remained subdued, leading to turnover levels below the monthly average.

The capital goods sector led the daily turnover with a share of 20%, followed by the materials, and diversified financials sectors collectively contributing 26%.

NDB Securities said high net worth and institutional investor participation was noted in Tokyo Cement Company, ACL Cable and Teejay Lanka. Mixed interest was observed in Renuka Agri Foods, Eastern

Merchants and Ceylon Land & Equity, whilst retail interest was noted in Industrial Asphalts, SMB Leasing and HNB Finance.

The capital goods sector was the top contributor to the market turnover due to ACL Cables), whilst the sector index edged up by 0.02%. The share price of ACL Cables closed flat at Rs. 100.

The materials sector was the second highest contributor to the market turnover due to Tokyo Cement Company, while the sector index decreased by 0.20%. The share price of Tokyo Cement Company closed flat at Rs. 105.25.

Cargills, Renuka Agri Foods and Eastern Merchants were also included amongst the top turnover contributors. The share price of Cargills lost Rs. 21 to close at Rs. 730. The share price of Renuka Agri Foods recorded a gain of 10 cents to close at Rs. 15.80. The share price of Eastern Merchants appreciated by Rs. 1.20 to close at Rs. 16.20.