ECONOMYNEXT – Colombo Dockyard and banking shares pushed the Colombo Stock Exchange (CSE) All Share Price Index to close 0.29 percent higher from Friday while the S&P SL20 was marginally down, data on its site showed.

The broader ASPI)closed 63.49 points up at 22,132.33 while the S&P SL20 marginally declined by 0.06 percent, or 3.74 points to close at 6,037.79 on Monday.

Investor interest in banks and retail shares were seen in the market.

The top contributors to the ASPI were Colombo Dockyard (up 40.25 rupees at 171.75 rupees), HNB (up 2 rupees at 390.25 rupees), Richard Pieris & Company (up 60 cents at 41.20 rupees), DFCC Bank (up 1.25 at 145.50 rupees), and Ceylon Cold Stores (up 2.25 rupees at 109.75 rupees).

Colombo Dockyard was the top most gainer of the session with 585 rupees in turnover.

Market turnover dropped to 3.7 billion rupees from previous session’s 4.1 billion rupees.

Share volume was 108,421,676 with 29,511 trades recorded in the session.

The exchange recorded 200.46 million rupees in net foreign outflow led by John Keells (152.5 million rupees).

Sri Lanka’s Galadari Hotels has entered into an agreement with the Board of Investment of Sri Lanka to extend the project implementation period of its ongoing refurbishment by another 12 months to November 9, 2026. Company’s refurbishment cost has increased to 48.5 million dollars from 33.5 million dollars.

Its stock was trading 10 cents higher at 18.10 rupees.

Read more

In the region, equity markets ended the session lower with investors booking in profit.

“Indian shares started the week on a listless note and extended their losing streak, dragged by losses in Reliance Industries and as thin participation and persistent foreign outflows kept risk appetite in check,” Reuters said.

India’s Nifty 50 was trading 0.38 percent lower at 25,942.10 while the Sensex index was 0.41 percent weaker at 84,695.54.

Japan’s Nikkei 225 index ended a session in the negative territory as profit taking sentiment was seen in the investors with the business year coming to an end, Japan’s Mainichi newspaper said.

Its index closed 0.39 percent lower at 50,550.17.

Meanwhile, Pakistan’s Karachi Stock Exchange 100 index rose 0.85 percent to 173,873.58.

Hong Kong’s Hang Seng index ended 0.71 percent weaker at 25,635.23.

Singapore’s benchmark Straits Times Index (STI) fell 0.05 percent or 2.510 points to close at 4,633.640.

As at 4.00 pm Sri Lankan time, spot gold was trading at 4,478.20 US dollars, down 1.29 percent. (Colombo/Dec29/2025)


Continue Reading

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *