29/09/2026
Indices Continue their Funk as ASPI Gives Up Another 0.60%...
The All-Share Price Index (ASPI) fell for the fourth consecutive session, giving up 0.60% to close at 20,817.82. Meanwhile, the more liquid S&P SL20 Index fell 0.41% to settle at 5,896.40. Today’s decline extended the ASPI’s YTD loss to 7.98%, while the S&P SL20 Index is 4.24% down on the year.
It is difficult to pinpoint at one specific thing for the recent poor performance in the Colombo stocks although the war in Iran and the elevated oil prices are now distant causes of concern for the investors which cannot affect the value of the stocks here in a considerable way.
Market breadth leaned strongly negative, with only 30 gainers against 155 decliners. Dialog Axiata PLC (DIAL.N), Commercial Bank of Ceylon (COMB.N) and Overseas Realty (Ceylon) PLC (OSEA.N) were the leading contributors to the ASPI’s downward movement.
Market turnover stood at LKR 1.01Bn, significantly below the YTD daily average of LKR 3.70Bn but doubled the lowest turnover recorded yesterday for the year. Trading activity was led by John Keells Holdings PLC (JKH.N), York Arcade Holdings PLC (YORK.N) and Softlogic Capital PLC (SCAP.N). Sector - wise, Capital Goods, Real Estate and Diversified Financials counters dominated trading activity.