Saturday Nov 08, 2025
Saturday Nov 08, 2025
Saturday, 8 November 2025 02:12 - - {{hitsCtrl.values.hits}}
The Colombo stock market ended the week on a positive note yesterday, with both key indices rising sharply as investors reacted favourably to the Budget presented by President and Finance Minister Anura Kumara Disanayake.
The benchmark ASPI gained by 0.98% or 225 points and the active S&P SL20 by 1.13%. During the week, the ASPI and the S&P SL20 gained 2.3% and 2.7% respectively.
Turnover yesterday was Rs. 6.7 billion whilst the average for the week was Rs. 5.73 billion.
Crossings accounted for 13% of turnover led by DFCC (Rs. 245.7 million), LGL (Rs. 198.6 million), and PLC (Rs. 145 million).
First Capital said the Colombo bourse extended its positive momentum as the national Budget was presented yesterday.
Investor focus was largely directed towards Banking sector counters, while retail participation remained robust and HNW activity continued at a moderate level.
Key positive contributors to the index included SFCL, COMB, SAMP, HNB, and VONE.
The Banking sector led market activity, accounting for 23% of total turnover, followed by the Capital Goods and Food, Beverage and Tobacco sectors, which collectively contributed 32%.
Asia Securities said foreigners recorded a net outflow of Rs. 91.5 million. Net foreign buying topped in JKH at Rs. 47.6 million, while selling topped in PLC at Rs. 145.4 million.
NDB Securities said high net worth and institutional investor participation was noted in Sampath Bank, DFCC Bank and Sunshine Holdings.
Mixed interest was observed in LAUGFS Gas, Bogala Graphite Lanka and John Keells Holdings whilst retail interest was noted in SMB Leasing, Co-Operative Insurance Company and Industrial Asphalts. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.
The Banking sector was the top contributor to the market turnover (due to DFCC Bank and Sampath Bank) whilst the sector index gained 1.56%. The share price of DFCC Bank gained Rs. 2.25 to close at Rs. 164.25. The share price of Sampath Bank recorded a gain of Rs. 2 to close at Rs. 150.
The Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings), whilst the sector index increased by 0.84%.
The share price of John Keells Holdings moved up by 20 cents to close at Rs. 22. LAUGFS Gas and Bogala Graphite Lanka were also included amongst the top turnover contributors. The share price of LAUGFS Gas increased by Rs. 3.30 to close at Rs. 71.70. The share price of Bogala Graphite Lanka appreciated by Rs. 27.25 to close at Rs. 137.
