CSE sees value gain by Rs. 401 b

Saturday, 11 April 2026 04:24 - - {{hitsCtrl.values.hits}}

ASPI movement during week

During the week, the market gained Rs. 401 billion in value with the ASPI up 4.78% or 1,011.24 points.

The active S&P SL20 was up 4.71% or 277.04 with net foreign outflows recorded at over Rs. 2 billion.

Yesterday, ASPI ended on the up by 1.30% or 284.12 points at 22,128.66 and the S&P SL20 was up 1.26% or 76.55 points at 6,152.73. Market turnover was over Rs. 5 billion on nearly 262 million shares traded. Foreign investors remained net sellers, posting a net outflow of Rs. 75.8 million.

First Capital said amid heightened investor optimism surrounding the upcoming US–Iran peace talks scheduled to take place this weekend in Pakistan, together with the IMF staff-level agreement on the fifth and sixth reviews of Sri Lanka’s Extended Fund Facility, the Colombo bourse rebounded yesterday.

JKH, MELS, DIAL, NDB, and PKME emerged as the top positive contributors to the ASPI, HNW investor participation was recorded at elevated levels and retail investor activity remained at average levels. Diversified Financials sector led the daily turnover with a share of 21%, followed by the Capital Goods, and Banking sectors collectively contributing 36%.

Asia Securities said the broad-based rally was led by price gains in LFIN (+6.9%), NDB (+3.7%), JKH (+3.1%), DFCC (+2.6%), AEL (+1.3%), SINS (+0.9%), and PLR (+0.8%). The market witnessed a net foreign outflow of Rs. 76 million during the session. JKH (+32 points), MELS (+21 points), and DIAL (+18 points) were the major positive contributors to the ASPI movement. Market breadth emerged positive, as 195 counters closed in green and 53 counters closed recording price declines.

NDB securities said high net worth and institutional investor participation was noted in John Keells Holdings, Commercial Bank and LB Finance. Mixed interest was observed in Ceylon Land & Equity, Hikkaduwa Beach Resort and HNB Finance whilst retail interest was noted in Waskaduwa Beach Resort, Co-Operative Insurance Company and Lanka Credit and Business Finance. Diversified Financials sector was the top contributor to the market turnover (due to Ceylon Land & Equity), whilst the sector index gained 1.80%. The share price of Ceylon Land & Equity lost Rs. 1.60 to close at Rs. 10.40. Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings), whilst the sector index increased by 1.86%. The share price of John Keells Holdings increased by 60 cents to close at Rs. 20.10.

Commercial Bank, Chevron Lubricants and Hikkaduwa Beach Resort were also included amongst the top turnover contributors. The share price of Commercial Bank moved up by 75 cents to close at Rs. 210.25. The share price of Chevron Lubricants recorded a loss of 25 cents to close at Rs. 184.25. The share price of Hikkaduwa Beach Resort appreciated by one rupee to close at Rs. 5.10.