CSE ends week in the red

Saturday, 13 September 2025 00:32 - - {{hitsCtrl.values.hits}}

The Colombo stock exchange closed yesterday with both indices losing ground during the week with trades in Chevron Lubricants generating Rs. 2 billion to the day’s turnover.

The benchmark ASPI ended at 20,612.40, down 379.58 points or 1.8% from last week’s 20,991.98 closing. The active S&P SL20 index lost 131.48 points during the week to close at 5,873.12, down 2.2%.

Foreigners were net sellers during the week at Rs. 2.3 billion, up from Rs. 851.4 million last week.

On Friday, the ASPI lost 29.43 points, down 0.14% and the S&P SL20 lost 13.04 points, down 0.22% with turnover at Rs. 5.85 billion on 141 million shares traded.

First Capital Research said the Colombo Bourse witnessed mixed market sentiment throughout the session, ultimately closing the ASPI on a lower note at 20,612, losing 29 points. This marked the week’s lowest for the ASPI.

Commercial Bank, Melstacorp, Browns Investments, Sampath Bank, and Bukit Darah were the top negative contributors to the index. Compared to the beginning of the week, turnover fell to an average of Rs. 5.8 billion, reflecting a 23% decrease over the monthly average of Rs. 7.6 billion.

The Banking sector led the turnover with a 33% share, while Materials and Capital Goods sectors jointly contributed to 35% of the turnover.

Retail participation was lower compared to high net-worth participation. Chevron Lubricants off-board transactions accounted for 17% of the total turnover. Foreign investors turned net sellers, recording a net outflow of Rs. 1.2 billion.