Colombo Stock Exchange rose 0.66% as the ASPI closed 150.67 points higher at 23,014.75. Top contributors included Commercial Bank, Carson Cumberbatch, ACL Cables, LOLC and Sampath Bank; turnover rose to 5.7 billion rupees and net foreign outflow was 87 million rupees.
Colombo Stock Exchange ASPI rose 41.7% year-on-year in 2025, closing 0.79% higher at 22,624.31 on Dec 31. Capital goods, food & beverage and banking led turnover, with John Keells, Senkadagala Finance, ACL Cables, Sampath Bank and HNB Assurance among top contributors; net foreign outflow was Rs103 million.
Spot gold rose 0.8% to $4,364.70/oz, extending a 66% gain in 2025 and positioning it for its biggest annual rise since 1979. Traders cited interest-rate outlook, geopolitical risks and central bank/ETF demand as key drivers.
Colombo Stock Exchange rose 1.49% as the ASPI closed 313.56 points higher at 22,445.89, led by gains in Colombo Dockyard, Melstacorp, HNB and Commercial Bank. Market turnover fell to 3.4 billion rupees and net foreign outflow was 36.73 million rupees, led by John Keells.
Construction ActivityConsumer Staples (FMCG)Gold & Pawning
Siyapatha Finance PLC opened its 61st branch in Nikaweratiya to expand its footprint and offer leasing, loans, gold financing and ‘Smart Pay’ services to SMEs and individuals. The low-key opening included donation of school gift vouchers to flood-affected families.
Foreign investors sold a net USD 5.06m (1,545 million rupees) of Sri Lanka government securities in the week to Dec 24, reversing the prior week's inflows and reducing foreign holdings from a near two‑year high.
Colombo Dockyard and banking shares lifted the CSE All Share Price Index 0.29%, with the ASPI closing at 22,132.33 and Colombo Dockyard the top gainer at 171.75 rupees. Market turnover fell to 3.7 billion rupees and the exchange recorded a net foreign outflow of 200.46 million rupees led by John Keells.
TourismGold & PawningConsumer Staples (FMCG)
Ada Derana·Dec 29, 2025·Promotional / marketingPositive
Sampath Bank's fully owned subsidiary Siyapatha Finance PLC opened its 61st branch in Nikaweratiya. The branch will offer leasing, gold financing, business and personal loans and bill-payment services, and the opening included donations to flood-affected schoolchildren.
Gold hit a record high, with spot gold at $4,501.44/oz (up 0.5%) and an intraday peak of $4,530.60, driven by safe-haven demand and rising expectations of further U.S. Fed rate cuts.
Sri Lanka Christmas cake inflation rose 4.4% in 2025 amid rupee depreciation, with the cost of 11 key ingredients up to 15,180 rupees from 14,744 in 2024. The rupee fell to 306.30/USD over 12 months and Colombo CPI rose 2.1% to November 2025 amid central bank exchange-rate interventions.
Gold hit a record above $4,400/oz (spot high $4,426.66) and silver also reached record highs as investors sought safe havens amid expectations of US rate cuts, geopolitical tensions and increased central bank buying.
IMF cut Sri Lanka's projected Net International Reserves for end‑2025 to about US$2,159m (a US$666m rise from 2024) from a prior projection of US$2,729m; the end‑December IMF program target is US$448m. The downgrade reflects risks from rate cuts, strong private credit, rupee pressure and cyclone-related outflows.
Interest RatesRupee & ForexFuel & Energy PricesGold & Pawning
Gold rose to a record above US$4,500/oz, trading around $4,486.55 spot and $4,519.20 futures, as Venezuela tensions and expectations of US rate cuts drove safe-haven demand; silver and platinum also hit record highs.
Gold and silver prices surged after the US Federal Reserve cut rates and halted quantity tightening: gold around $4,475/oz, silver about $72/oz, and copper up roughly 10% to $5.58/lb.
Colombo Stock Exchange closed 0.15% higher as the ASPI rose 32.05 points to 21,959.05, led by gains in selected banking, construction and retail stocks. Top contributors included Senkadagala Finance, Sampath Bank, Bukit Darah, Royal Ceramics and Tokyo Cement; turnover rose to Rs 4.1bn with a Rs 331mn net foreign outflow.
Colombo Dockyard led gains as the ASPI rose 0.13% to 21,927.00, with Dockyard up to Rs127.00. Other contributors included Sampath Bank, John Keells, Tokyo Cement and Sierra Cables; turnover fell to Rs2.5bn and the CSE recorded a net foreign outflow of Rs68.58m.
Colombo Dockyard's continued sell-off pushed the CSE ASPI down 1.13% (68.27 points) to 21,898.20, with Dockyard closing at Rs107, down Rs35.50. HNB, Cargills and John Keells also fell; market turnover was Rs2.7bn and Dockyard received Rs27.1m of net foreign inflow.
Spot gold climbed to a record $4,383.73/oz on Monday as investors priced in further US Fed rate cuts and sought safe-haven assets, leaving gold up 67% year-to-date aided by a softer dollar and central bank buying.
Colombo Stock Exchange closed 0.02% lower as the ASPI slipped to 22,329.69, with banks and capital-goods names dragging the market. LOLC Finance filed to list Rs 15bn of debentures; turnover rose to Rs 3.3bn and net foreign outflow was Rs 130.44m.
Construction ActivityGold & Pawning
Ada Derana·Dec 17, 2025·Promotional / marketingPositive
Siyapatha Finance, the fully owned subsidiary of Sampath Bank, opened its 60th branch in Warakapola, expanding the group's islandwide branch network. The branch will offer leasing, deposits, gold financing, business and personal loans and bill payments (Smart Pay) and support local SMEs.
Siyapatha Finance PLC opened its 60th branch in Warakapola, expanding its islandwide network and offering leasing, fixed deposits, gold financing, business and personal loans, factoring and its Smart Pay bill payment service. The opening was held low-key and the company donated dry rations to flood-affected locals.
Colombo Dockyard and several financials lifted the Colombo Stock Exchange 0.17% as the ASPI closed at 22,333.25. Market turnover rose to LKR 2.8bn with a net foreign outflow of LKR 42.76m; Lanka IOC had crossings of LKR 92.25m and Capital Alliance led turnover.
Colombo Stock Exchange rose 0.22% as the ASPI closed at 22,508.26 with turnover down to 3.02 billion rupees. Vidullanka and Windforce were awarded contracts to develop 50MW wind plants in Mannar, and several stocks (Senkadagala Finance, John Keells, Hayleys, Windforce, Vidullanka) helped lift the index.
LCB Finance posted profit before tax of Rs 298.32 million for the six months to Sept 30, 2025, up from Rs 65.8 million a year earlier. Total assets rose to Rs 10,375 million and the company plans to expand to 25 branches while focusing on lease and gold loan products.
Official reserves fell 3% to $6.03 billion at end-November 2025, the lowest for 2025; foreign currency reserves dropped to $5.94bn, gold reserves rose to $85m and IMF SDRs fell to $2m. CBSL estimates foreign currency payments of $2.05bn over the next 12 months.
China's foreign exchange reserves reached $3,346.4 billion at end-November, up $3 billion (0.09%), and gold holdings rose by 30,000 oz to 74.12 million ounces. SAFE cited economic stability and exchange-rate and asset-price movements as contributing factors.
Interest RatesGold & Pawning
EconomyNext·Dec 8, 2025·Regulatory or legalNegative
Sri Lanka's lending and deposit interest rates edged up in October as strong loan demand led banks to raise deposits despite a May policy rate cut. The piece notes central bank liquidity operations, rupee depreciation risks, Cyclone Ditwah-related 500 billion rupee spending and expected IMF/World Bank support.
The ASPI rebounded 0.45% to 21,594.86 on Monday as investor interest in diversified financials, capital goods and construction stocks pushed the market higher. Several stocks rose (AEL, ACL, DOCK, SAMP, HHL) and Abans Finance (AFSL) announced a debenture sale to raise up to LKR 1.5bn.
LCB Finance reported PBT of Rs.298.32m for the six months to 30 Sep 2025, up from Rs.65.8m a year earlier. Total assets rose to about Rs.10.4bn and NAV/share to Rs.4.02; the company plans to expand to 25 branches and grow lease and gold-loan lending while cutting funding costs.
Sri Lanka Banks' Association pledged full support to revive the economy after Cyclone Ditwah, initiating detailed impact assessments and planning a Disaster Debt Relief Package to help affected individuals and businesses. Member banks will consider delaying pending gold loan auctions and coordinate with the CBSL and government relief programs.