CSE closes on the up, recovers 5% of last week’s value loss

Tuesday, 9 December 2025 00:00 - - {{hitsCtrl.values.hits}}

The Colombo stock market yesterday opened the week on the up, gaining Rs. 22.6 billion in value and recovering barely 5.2% of the Rs. 424 billion loss sustained last week.

The ASPI closed on the up, gaining 0.45% or 97.98 points to 21,594.86 and the active S&P SL20 was flat, up 0.02% or 1.01 points to 5,926.64.

Turnover was over Rs. 2.83 billion on nearly 83.2 million shares traded and foreign investors were net buyers on a net inflow of Rs. 43.2 million.

NDB Securities said the ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Richard Pieris and Company and Sampath Bank. High net-worth and institutional investor participation was noted in Hemas Holdings, Tokyo Cement Company and Hatton National Bank.

Mixed interest was observed in Colombo Dockyard, Sampath Bank and Access Engineering while retail interest was noted in SMB Leasing, Co-Operative Insurance Company and Waskaduwa Beach Resort.

Foreign participation in the market activity remained at subdued levels.

The Capital Goods sector was the top contributor to the market turnover due to Hemas Holdings, Colombo Dockyard and Access Engineering while the sector index gained 0.66%.

The share price of Hemas Holdings increased by 60 cents to close at Rs. 34.80, Colombo Dockyard moved up by Rs .15.25 to close at Rs. 139.2 and Access Engineering appreciated by 80 cents to close at Rs. 72.

The Banking sector was the second highest contributor to the market turnover due to Hatton National Bank while the sector index edged up by 0.11%. Hatton National Bank lost Rs. 2 to close at Rs. 384.75.

Tokyo Cement was also included amongst the top turnover contributors with the share gaining Rs. 3 close at Rs 102.

First Capital Research said the Colombo Bourse posted a slight improvement, though the session was marked by subdued investor participation, with both retail and HNW activity remaining muted.

Top contributors to the ASPI were DOCK, RICH, SAMP, PLC and HHL. The Capital Goods sector dominated activity, accounting for 30.7% of total turnover, while the Banking and Materials sectors collectively represented 32.9%.