CSE ends week on the up

Saturday, 27 September 2025 01:27 - - {{hitsCtrl.values.hits}}

The Colombo stock market yesterday sustained its winning run ending the week on the up.

The benchmark ASPI finished the week with 0.36% gain and the active S&P SL20 by 0.15%. Turnover yesterday was Rs. 6.02 billion involving 148.06 million shares.

During the week, the ASPI and the S&P SL 20 gained 2.4% and 1.9% respectively, whilst registering an average daily turnover of Rs. 7.11 billion.

First Capital said the Colombo Bourse wrapped up the week on a high note, continuing the positive trend from last week. Yesterday’s positive momentum was largely fuelled by the strong performance observed in conglomerates. The ASPI posted a gain of 78 points and closed at 21,599. DIAL, HHL, GRAN, SUN and KCAB were the top positive contributors to the index.

Both retail and HNW participation remained relatively average during the session. Turnover for the day registered Rs. 6 billion, reflecting a decrease of 16% compared to the monthly average that stands at around Rs. 7.1 billion.

Capital Goods sector took the lead with a share of 22%, while Banking sector, and Food, Beverage and Tobacco sector jointly contributed to 36% of the total turnover. Additionally, more positive investor sentiment was observed towards Plantation sector counters.

Foreign investors remained net sellers, recording a net outflow of Rs. 155 million.

NDB Securities said high net worth and institutional investor participation was noted in Commercial Bank, LOLC Holdings and Hemas Holdings.

Mixed interest was observed in Melstacorp, John Keells Holdings and CIC Holdings, whilst retail interest was noted in Lanka Credit and Business Finance, Browns Investments and LOLC Finance.

The Capital Goods sector was the top contributor to the market turnover (due to Hemas Holdings and John Keells Holdings), whilst the sector index gained 0.35%.

The share price of Hemas Holdings increased by 80 cents to close at Rs. 32.90. The share price of John Keells Holdings recorded a loss of 10 cents to close at Rs. 22.10.

The Food, Beverage and Tobacco sector was the second highest contributor to the market turnover (due to Melstacorp), whilst the sector index increased by 1.03%. The share price of Melstacorp moved up by Rs. 1.25 to close at Rs. 166.

Commercial Bank and CIC Holdings were also included amongst the top turnover contributors. The share price of Commercial Bank gained 50 cents to close at Rs. 193.50. The share price of CIC Holdings appreciated by Rs. 12.75 to close at Rs. 165.