ECONOMYNEXT – Sri Lanka’s Colombo Inventory Trade closed up on Monday, as a result of there was a little bit of rupee stabilisation and charges went down brokers stated.
The benchmark All Share Worth Index moved up 1.98 %, or 435.13 factors to 22,364.77, whereas S&P SL20 was up 1.95 %, or 118.08 factors, at 6,179.10.
“Market was up just like Friday, as a result of there was a little bit of rupee stabilisation and charges went down, and confidence was seen from traders,” Dimantha Matthew, Chief Analysis and Technique Officer at First Capital Holdings stated.
“Feedback about potential IMF tranche of 700 million {dollars} additionally contributed.”
Constructive contributors to the ASPI had been Dialog Axiata (up 6.97 % at 39.90 rupees), Industrial Financial institution of Ceylon (up 1.60 % at 206.25 rupees), John Keells Holdings (up 1.50 % at 20.30 rupees), Sampath Financial institution (up 1.40 % at 145.00 rupees), and Hemas Holdings (up 4.19 % at 32.30 rupees).
Richard Pieris and Firm (down 1.54 % at 31.90 rupees), hSenid Enterprise Options (down 6.42 % at 24.80 rupees), and Dipped Merchandise (down 1.90 % at 56.80 rupees) had been high unfavorable contributors.
Some export associated counters, like Dipped Merchandise, noticed a downturn as a result of rupee appreciating, however most went up as a result of general optimistic sentiment surrounding the market, Matthew stated.
Market turnover was 2.43 billion rupees. Capital items led turnover with 366.3 million rupees, adopted intently by Meals, Beverage & Tobacco with 359.6 million rupees.
On the comparatively low turnover, Matthew stated that the volatility of the rupee, which noticed an appreciation on Friday following a interval of depreciation, has made traders hesitant to enter the market.
“Ceylon Chilly Shops outcomes are fairly good so a response was seen in the direction of that too.”
The meals and beverage firm noticed a 75 % rise in earnings within the March 2026 quarter, in comparison with March 2025.
Shares closed at Rs.130.25, up 4.20 %.
Income at Hemas Holdings, a diversified Sri Lankan conglomerate, rose 17.6 % to three.03 billion rupees for the March 2026 quarter, marking a historic milestone for the group.
Shares closed at Rs.32.30, up 4.19 %.
In the meantime, John Keells introduced that its Board of Administrators resolved to pay a closing dividend of Rs.1.60 per share for the monetary 12 months ended March 31, 2026.
Firm shares noticed an increase of three.75 %, settling at Rs.83.00. (Colombo/May25/2026)
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