CSE recovers from early slide to close week flat

Saturday, 15 November 2025 00:20 - - {{hitsCtrl.values.hits}}

The Colombo stock market fell sharply in early trading yesterday before gaining ground to close the week flat.

The ASPI closed a marginal 0.01% lower, down 1.71 points to 23,459.75 and the S&P SL20 lost 22.22 points to close 0.34% lower at 6,435.93.

Market turnover was over Rs. 5.6 billion on over 218.7 million traded. Foreigners were net sellers with a net outflow of over Rs. 5.9 million

NDB Securities said during the week, the ASPI and the S&P SL20 gained 0.5% and 0.9% respectively, whilst recording an average daily turnover of Rs. 7 billion.

High net worth and institutional investor participation was noted in Hemas Holdings, Hatton National Bank nonvoting and Hatton National Bank.

Mixed interest was observed in Renuka Agri Foods, R.I.L. Property and Sierra Cables whilst retail interest was noted in SMB Leasing, Waskaduwa Beach Resort, and Hela Apparel Holdings.

The Banking sector was the top contributor to the market turnover (due to Hatton National Bank and Hatton National Bank nonvoting) whilst the sector index lost 0.61%.

The share price of Hatton National Bank recorded a loss of Rs. 3.25 to close at Rs. 416.75. The share price of Hatton National Bank non-voting declined by 50 cents to close at Rs. 333.

Capital Goods sector was the second highest contributor to the market turnover due to Hemas Holdings whilst the sector index edged up by 0.02%. The share price of Hemas Holdings increased by 40 cents to close at Rs 35.30.

Renuka Agri Foods and R.I.L. Property were also included amongst the top turnover contributors. The share price of Renuka Agri Foods gained 70 cents to close at Rs. 8.30. The share price of R.I.L. Property moved up by 80 cents to close at Rs. 37.90.

First Capital Research said the Colombo Bourse dipped below the 23,300 level during early trading but gradually regained ground in the latter part of the session.

Retail participation remained moderate, while HNW activity was relatively subdued.

MELS, SAMP, DIMO, HAYL, and RICH were the major negative contributors to the index.

The Banking sector led activity, accounting for 25% of total turnover, followed by the Capital Goods and Food, Beverage, and Tobacco sectors, which collectively contributed 34%.