CSE extends rebound, up 0.24%

Friday, 24 July 2026 00:07 - - {{hitsCtrl.values.hits}}

The Colombo stock market yesterday extended the previous session’s recovery amid muted investor activity.

With 102 counters closing in green against 100 in red, the ASPI ended up 0.24% or 49.81 points at 21,199.37 and the S&P SL20 was up 0.22% or 13.25 points at 5,945.87.

Market turnover was nearly Rs. 1.1 billion on over 37.7 million shares traded. Foreign investors were net sellers on a net outflow of Rs. 188.6 million.

First Capital Research said overall investor participation continued to remain low. The main positive contributors to the ASPI were HNB, CARS, CINS, NDB, and TKYO.

The capital goods sector led the daily turnover with a share of 29%, followed by the banking, and food beverage and tobacco sectors collectively contributing 36%.

NDB Securities said high net worth and institutional investor participation was noted in John Keells Holdings, Digital Mobility Solutions Lanka and Hatton National Bank.

Mixed interest was observed in National Development Bank, Melstacorp and Hatton National Bank non-voting, whilst retail interest was noted in Merchant Bank of Sri Lanka and Finance, HVA Foods and Ex-Pack Corrugated Cartons. Furthermore, foreigners closed as net sellers.

The capital goods sector was the top contributor to market turnover due to John Keells Holdings, whilst the sector index gained 0.42%. The share price of John Keells Holdings closed flat at Rs. 19.60.

The banking sector was the second-highest contributor to market turnover due to National Development Bank and Sampath Bank, whilst the sector index increased by 0.43%. The share price of National Development Bank moved up Rs. 1.75 to Rs. 109.25 and Sampath Bank gained 25 cents to Rs. 137.

Digital Mobility Solutions Lanka and Melstacorp were also among the top turnover contributors. Digital Mobility Solutions Lanka gained 50 cents to Rs. 166 and Melstacorp declined Rs. 1.25 to close at Rs. 179.50.