Colombo stock Exchange sustains upward trend

Friday, 26 September 2025 00:00 - - {{hitsCtrl.values.hits}}

The Colombo stock market sustained its upward trend yesterday with the banking sector boosting turnover to over Rs. 9 billion.

The benchmark ASPI gained by 0.86%, while the active S&P SL20 declined by 0.35%. Turnover was over Rs. 9.29 billion involving 261.28 million shares.

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers with a net outflow of Rs. 135.58 million.

First Capital said exhibiting a robust upward trajectory, the Colombo bourse yesterday wrapped up in the green, with the ASPI posting a gain of 183 points and closing at 21,521. While the positive momentum was bolstered by the contribution from multiple sectors, SAMP, CTC, CFIN, SFCL and DIST were the top positive contributors to the index.

Higher retail and HNW participation were observed during the session. Turnover for the day exceeded the average, and registered Rs. 9.3 billion, primarily driven by heightened activity in the Banking sector. This reflected an increase of 32% compared to the monthly average that stands at around Rs. 7 billion.

Banking sector took the lead with a share of 24%, with NTB recording the highest turnover for the day. Consumer Services sector and Capital Goods sector jointly contributed to 32% of the total turnover. Additionally, positive investor sentiment was observed towards specific Hotel sector counters.

NDB Securities said high net worth and institutional investor participation was noted in Ceylon Hotels Corporation, Union Bank and Hemas Holdings.

Mixed interest was observed in Jetwing Symphony, UB Finance Company and Browns Investments whilst retail interest was noted in Nations Trust Bank, Dipped Products and People’s Leasing & Finance.

The Banking sector was the top contributor to the market turnover (due to Nations Trust Bank and Union Bank), whilst the sector index gained 0.63%. The share price of Nations Trust Bank lost Rs. 5.50 to close at Rs. 309.50. The share price of Union Bank recorded a gain of 60 cents to close at Rs. 15.50.

Consumer Services sector was the second highest contributor to the market turnover (due to Jetwing Symphony and Ceylon Hotels Corporation), whilst the sector index increased by 3.55%. The share price of Jetwing Symphony Ltd., increased by Rs. 2.40 to close at Rs. 20.70. The share price of Ceylon Hotels Corporation moved up by Rs. 3.70 to close at Rs. 42.40.

Hemas Holdings was also included amongst the top turnover contributors. The share price of Hemas Holdings appreciated by 60 cents to close at Rs. 32.10.