FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a downward trend on Monday, influenced by ongoing military actions between the United States and Iran. The U.S. has been conducting airstrikes targeting Iran’s civilian infrastructure, which prompted retaliatory measures from Iran, including attacks on locations in Gulf nations.
The All Share Price Index (ASPI) fell by 0.72 percent, translating to a decrease of 154.92 points, bringing it to 21,250.49. Similarly, the S&P SL20 index dropped by 0.66 percent, down 39.48 points, and settling at 5,960.20. The total market turnover amounted to 325 million rupees.
Significant contributors to the decline in the ASPI included Dialog Axiata, which saw a reduction of 1.10 rupees, closing at 43.10 rupees; Cargills, which decreased by 25 rupees to reach 605 rupees; and Commercial Bank, down by 1.75 rupees, finishing at 202 rupees.
According to reports, the U.S. has executed a ninth consecutive night of airstrikes against Iran. In response, the Iranian Revolutionary Guard Corps (IRGC) has claimed responsibility for attacks on U.S. military installations in Kuwait, as well as on aircraft located at the airport in Aqaba, Jordan. (Colombo/Jul20/2026)
