CSE ends week on the up, ASPI re-enters 22,000-point threshold

Monday, 29 December 2025 00:37 - - {{hitsCtrl.values.hits}}

The Colombo stock market on Friday ended the Christmas week on the up with the benchmark index re-entering the 22,000-points mark.

Week on week, the market lost Rs. 32.3 billion in value with the ASPI down 0.36% or 80.25 points and the S&P SL20 down 0.24% or 15.01 points. The market has lost Rs. 205.3 billion in value since 28 November in the aftermath of the Ditwah crisis.

On Friday, The ASPI gained 0.50% or 109.79 points to 22,068.84 and the S&P SL20 gained 0.43% or 26.05 points to 6,041.53.

Turnover was over Rs. 2.7 billion on nearly Rs. 91.43 million shares traded. Foreign investors turned net buyers, posting a net inflow of Rs. 18.9 million.

First Capital Research said the Colombo Bourse traded in a largely subdued manner throughout the session, with the index experiencing brief upticks amidst volatility but mostly moving within a narrow band closing the session in the positive territory.

Top positive contributors to the ASPI were HNB, DOCK, NDB, RICH and LION. The Banking sector accounted for 38% of total turnover, while the Capital Goods and Food Beverage and Tobacco sectors contributed a combined 20%.

Asia Securities Research said the indices closed Friday’s session on a positive note primarily supported by price gains in banking sector counters such as NDB, CBNK, HNBN, DFCC, SAMP, and COMBN. SIRA, CALH, RIL, and JKH closed in green, leading to a broad-based rally during the session.

Market turnover declined from the previous session, led primarily by DOCKR (Rs. 583 million), NDB (Rs. 562 million), CBNK (Rs. 268 million), and DOCKN (Rs. 193 million). HNBN (+11 points) and DOCKN (+8 points) emerged as the major index movers for the day.

Market breadth remained positive, with 139 gainers outweighing 80 decliners.