Tuesday Oct 14, 2025
Tuesday Oct 14, 2025
Friday, 3 October 2025 01:49 - - {{hitsCtrl.values.hits}}
Colombo stock market continued its rally closing yesterday in green for the 13th consecutive session with ASPI within touching distance of the 22,000 points barrier.
The ASPI closed 0.46% up gaining 100.49 points to 21,951.79. The active S&P SL20 ended 0.15% up, gaining 9.42 points to 6,148.21. Turnover was Rs. 6.5 billion on more than 192 million shares traded. Foreigners were net buyers with a net inflow of Rs. 46.4 million, down from Rs. 90.7 million the previous day.
First Capital Research said that backed by the strong kick start for the month from previous day, Colombo Stock Exchange continued its positive momentum and ended up on the green territory.
ASPI was up by 100 points and ended the day at 21,952, marking the 13th consecutive day of gains. Although the retail participation was moderate, HNW participation was high, with more positivity observed largely towards Banking sector and the blue-chip companies.
Additionally, there was positive investor participation towards the Construction sector counters. This could have possibly been driven by the rise of PMI index to 61.1 in August, from 60.0 in July.
MELS, AEL, UBC, RCL and NDB were the top positive contributors to the index. Turnover for the day stood at Rs. 6.5 billion, reflecting a decrease of 8% compared to the monthly average that stands at around Rs. 7.1 billion.
Banking sector took the lead in terms of sector wise contributions to turnover, with a share of 24%, followed by the Capital Goods sector and Food, Beverage & Tobacco sector which produced a combined contribution of 36%. Foreign investors remained net buyers, recording a net inflow of Rs. 46.4 million.
NDB Securities said The ASPI closed in green as a result of price gains in counters such as Melstacorp, Access Engineering and Union Bank with the turnover crossing Rs. 6.5 billion. A similar behaviour was witnessed in the S&P SL20.
Crossings were witnessed in Commercial Bank, Melstacorp, and DFCC Bank, accounting for 43.6% of the turnover. Mixed interest was observed in Access Engineering, Lanka Aluminium Industries and Sierra Cables whilst retail interest was noted in LVL Energy Fund, Cable Solutions and UB Finance Company.
Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.
The Banking sector was the top contributor to the market turnover (due to Commercial Bank) whilst the sector index gained 0.25%. The share price of Commercial Bank decreased by Rs. 0.50 (0.26%) to close at Rs. 193.25.
Capital Goods sector was the second-highest contributor to the market turnover (due to Access Engineering) whilst the sector index increased by 0.37%. The share price of Access Engineering moved up by Rs. 3.60 (5.82%) to close at Rs. 65.50.
Melstacorp, Lanka Milk Foods and Lanka Aluminium Industries were also included amongst the top turnover contributors. The share price of Melstacorp gained Rs. 6.75 (3.89%) to close at Rs. 180.25. The share price of Lanka Milk Foods recorded a gain of Rs. 1.50 (2.27%) to close at Rs. 67.60. The share price of Lanka Aluminium Industries appreciated by Rs. 4.20 (8.30%) to close at Rs 54.80.
