Friday Jan 02, 2026
Friday Jan 02, 2026
Wednesday, 10 December 2025 03:57 - - {{hitsCtrl.values.hits}}
The Colombo stock market closed on the up for the second straight session yesterday gaining Rs. 147.63 billion in value.
In two sessions the market has regained nearly 40% of the Rs. 424 billion value it lost last week
The ASPI yesterday closed up 2.04% or 439.46 points to 22,034.32 and the active S&P SL20 ended up 1.31% or 77.47 points at 6,004.11.
Turnover was over Rs. 3.88 billion on nearly 105.8 million shares traded and foreign investors were net sellers on a net out flow of Rs. 149.1 million.
First Capital Research said the market took a sharp incline at the beginning of the session and continued to move upward amid minor fluctuations.
Top contributors to the ASPI were DOCK, CINS, COMB, SAMP and ACL. HNW participation were low while retail investors showed a moderate interest.
The Capital Goods sector accounted for 29% of total turnover, while the Materials and Banking sectors contributed a combined 32%.
NDB Securities said High net worth and institutional investor participation was noted in Hatton National Bank, ACL Cables and Tokyo Cement Company.
Mixed interest was observed in Tokyo Cement Company nonvoting, Colombo Dockyard and Laugfs Gas while retail interest was noted in Hikkaduwa Beach Resort, Co-Operative Insurance Company and LOLC Finance.
The Capital Goods sector was the top contributor to the market turnover due to ACL Cables, Colombo Dockyard and Sierra Cables while the sector index gained 2.46%.
ACL Cables gained Rs. 13.25 to close at Rs. 257.25 and Colombo Dockyard moved up by Rs. 34.75 to close at Rs. 174 while Sierra Cables was up Rs. 1.90 at Rs. 33.60.
The Materials sector was the second highest contributor to the market turnover due to Tokyo Cement Company nonvoting while the sector index increased by 1.88%.
Tokyo Cement closed Rs. 2.30 higher at Rs. 82.10. Laugfs Gas was also included amongst the top turnover contributors with the share gaining Rs. 3.10 to close at Rs 63.
