Saturday Oct 04, 2025
Saturday Oct 04, 2025
Tuesday, 16 September 2025 04:28 - - {{hitsCtrl.values.hits}}
The Colombo stock market yesterday began a fresh week negatively due to profit-taking whilst investor activity was relatively subdued due to below average turnover.
The benchmark ASPI and the active S&P SL20 declined by 1.25% apiece. Turnover was Rs. 4 billion involving 131 million shares.
Asia Securities said the indices closed in red primarily led by banks. Notable price declines in SDB (-3.3%), COMBN (-2.3%), SAMP (-2.1%), NTBN (-1.7%), PABC (-1.7%), and HNBN (-1.1%) were recorded during the session. Moreover, CIC (-2.8%), PKME (-2.5%), SIRA (-2.5%), and CFIN (-1.2%) closed in the red, leading to a broad-based decline during the session. COMBN (-24 points), SAMP (-22 points), DFCC (-14 points), and HNBN (-12 points) were the major laggards of the index for the day. The market breadth was negative with 35 price gainers and 218 decliners.
Market turnover declined compared to Rs. 5.8 billion in the previous session, led by HNBN (Rs. 449 million) PLR (Rs. 327 million) and SDB (Rs. 213 million).
Foreigners recorded a net outflow of Rs. 80.5 million. Net foreign buying topped in SIRA.N at Rs. 21 million and selling topped in CIC.N at Rs. 45.8 million.
First Capital said echoing last week’s sentiment, the Colombo Stock Exchange extended its negative streak, primarily due to profit-taking observed in Banking sector counters. The ASPI recorded a loss of 257 points, witnessing the largest intraday decline since 23 June. COMB, SAMP, DFCC, HNB, and MELS were the top negative contributors to the index. Compared to the previous sessions, retail participation picked up, while HNW investor activity remained subdued. Amidst this, daily turnover was down by 48% from the monthly average of Rs. 7.7 billion. In terms of sector-wise contribution to turnover, the Banking sector took the lead with a share of 30% while Capital Goods sector and the Real Estate sector followed behind with a combined contribution of 28%.
