News & market updates

Colombo market opened February lower as the ASPI and S&P SL20 fell about 1%. Turnover was Rs.3 billion with foreigners net sellers of Rs.179.3m; key decliners included HNB, LOLC, BUKI, CARS and CFIN, while SPEN, TJL and CCS were notable gainers.

Colombo bourse closed marginally lower: ASPI down 0.02% at 17,117.18 and S&P SL20 down 0.65% at 5,126.31, turnover Rs8.4bn and net foreign outflow Rs923.9m. Buying interest returned to banks and finance stocks after vehicle import relaxation, and construction names such as Access Engineering saw inflows.

Colombo market rose with the ASPI up 0.8% on turnover of Rs. 6 billion, led by heavy trading in John Keells, Lanka IOC, HNB, Alumex and Browns and a net foreign outflow of Rs. 492.4 million. JKH fell to Rs. 23.10, HNB rose to Rs. 350.25, LIOC to Rs. 142.25, Alumex to Rs. 15.90 and Browns to Rs. 8.50.

Sri Lanka's ASPI rose 0.75% to 17,044.67, led by gains in capital goods and power/energy with top contributors including Lanka IOC, Melstacorp and Bukit Darah. Turnover was 5.9 billion rupees, with a net domestic inflow of 492 million and a net foreign outflow of 492 million rupees.

Colombo market closed Friday lower with the ASPI down 108 points (0.64%) to 16,918 and the S&P SL20 off 1.23%; turnover was Rs.7.44bn. Food, Beverage & Tobacco and Banking were top turnover contributors while selected stocks (e.g., Melstacorp, Sierra Cables) saw mixed moves.

Sri Lanka's ASPI fell 0.64% to 16,917.86 in a market correction as SL20 dropped 1.23% and turnover was Rs 7.4bn. Banks led the pullback (HNB -4.0%, NDB -1.34%, DFCC -1.5%, Seylan -0.5%) while Browns Investments, Sierra Cables, John Keells and RIL were among the most active stocks.

Colombo Stock Exchange closed down as the ASPI fell 1.83% to 16,049.42 and the S&P SL20 fell 2.24% to 4,860.33; turnover was Rs 11.4bn with a net foreign inflow of Rs 141m. Top positive contributors included John Keells, Aitken Spence, Bukit Darah, Lanka IOC and Nawaloka Hospitals.

Colombo's ASPI briefly touched 13,000 while turnover rose to Rs. 4.3 billion as markets rallied ahead of parliamentary elections. The banking sector led turnover and counters such as John Keells, Richard Pieris, C T Holdings, Bukit Darah and DFCC were among top contributors.

Colombo Stock Exchange rose with the ASPI up 0.88% (113.67 pts) to 12,988 and the S&P SL20 up 0.85% to 3,887. Top contributors included John Keells, C T Holdings, Bukit Darah and DFCC while Dialog Axiata was weaker; net foreign inflow was LKR 25 million and interest rose in non-bank/diversified financials ahead of a possible lifting of the vehicle import ban.

Colombo stock market ended the week with marginal losses — the ASPI fell 0.5% for the week (up 0.6% on Friday) with Friday turnover of Rs. 2bn. Ceylon Tobacco announced an interim dividend of Rs. 40.90 per share; notable moves included gains in Royal Ceramics, Dipped Products and Lanka Milk Foods and a decline in John Keells.

Colombo Stock Exchange ASPI rose 0.57% to 12,800 on Friday with turnover Rs2 billion and net foreign inflows of Rs199 million. Top turnover generators included Royal Ceramics, Dipped Products, Lanka Milk Foods, John Keells and Sampath Bank; banking stocks showed mixed moves.

Colombo Stock Exchange closed down: ASPI fell 0.46% to 12,795 and the S&P SL20 fell 0.58% to 3,852 on turnover of Rs 2.3bn. Banking stocks were mixed — HNB, Commercial Bank and NDB fell while Sampath and DFCC rose; HNB trades contributed Rs 758m to turnover.

Colombo Stock Exchange closed higher: All Share Index +2.87% to 11,659 and S&P SL20 +4.09% to 3,367, with turnover Rs3.9bn and net foreign inflow Rs82.10m. Banking stocks led gains while foreign buying concentrated in Sampath, HNB, Bukit Darah and LOLC Finance and selling hit CIC, Nations Trust, hSenid, John Keells and Ceylon Cold Stores.

Dividend · Rs 6.88 · XD Oct 3, 2024

Second Interim dividend of LKR 6.88/share; XD 2024-10-03; record 2024-10-03; payable 2024-10-23; FY 2024/25

Colombo Stock Exchange closed lower: All Share Index fell 0.35% to 10,907 and S&P SL20 fell 0.83% to 3,070, with turnover around LKR 1 billion and a net foreign outflow of 25.6 million; top turnover stocks included Sampath, Hayleys, Teejay, Nations Trust and Commercial Bank.