CSE opens month on the up

Tuesday, 4 November 2025 05:06 - - {{hitsCtrl.values.hits}}

Colombo stock market opened the month on the up on buoyant investor sentiment.

The ASPI closed up 0.54%, gaining 123.47 points to 22,928.31 and the active S&P SL20 gained 0.62%, up 38.49 points to 6,252.40.

Turnover was over Rs. 5.7 billion on more than 158.1 million shares traded.

Foreign investors were net sellers with a net outflow of Rs. 645.4 million.

NDB Securities said high net worth and institutional investor participation was noted in Digital Mobility Solutions Lanka, Aitken Spence and Jetwing Symphony.

Mixed interest was observed in Sierra Cables, Chevron Lubricants and John Keells Holdings whilst retail interest was noted in SMB Leasing, Industrial Asphalts and Hikkaduwa Beach Resort.

The Capital Goods sector was the top contributor to the market turnover due to Aitken Spence and Sierra Cables while the sector index gained 0.91%.

The share price of Aitken Spence lost 50 Cents to close at Rs 163. The share price of Sierra Cables closed flat at Rs. 33.30.

Transportation sector was the second highest contributor to the market turnover due to Digital Mobility Solutions Lanka while the sector index increased by 0.97%.

The share price of Digital Mobility Solutions Lanka increased by Rs. 1.50 to close at Rs. 153.

Chevron Lubricants and Jetwing Symphony Limited were also included amongst the top turnover contributors.

The share price of Chevron Lubricants recorded a gain of Rs. 1 to close at Rs. 185. The share price of Jetwing Symphony Limited appreciated by 10 Cents to close at Rs 21.

First Capital Research said the Colombo Bourse depicted a slightly volatile trading session during the first half, then steadily moved upward during the latter half. Cautious investor activities were observed ahead of the upcoming national budget.

Although the retail participation was modest, higher HNW participation drove the rally. HNW investors were keen on PKME, driven by reported results for the Sep-25 ended quarter and positive outlook for the share.

Key positive contributors to the index included SFCL, BUKI, JKH, COMB and DIAL.

Capital Goods sector led total turnover, contributing 27%, followed by the Transportation and Materials sectors, which collectively accounted for 27%.