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Sri Lanka Stocks Decline Amidst Week of Market Volatility

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Sri Lanka’s Colombo Stock Exchange concluded trading on a downward trend on Friday, with significant activity in the food, beverage and tobacco sectors, as well as in banks and diversified financials.

The All Share Price Index (ASPI) decreased by 0.20%, falling 47.17 points to close at 23,734.06. Conversely, the S&P SL20 index rose by 0.86%, gaining 57.69 points to reach 6,652.48.

Among the top positive contributors to the ASPI were Senkadagala Finance, priced at Rs. 878.00, and Richard Pieris and Company, at Rs. 36.80. In contrast, Commercial Bank, closing at Rs. 221.50, and John Keells Holdings, at Rs. 22.10, were the leading negative contributors.

The total market turnover reached 7.01 billion rupees. The food, beverage and tobacco sector accounted for 1.87 billion rupees, the banking sector contributed 1.44 billion rupees, and diversified financials added 1.48 billion rupees to the turnover.

Commercial Bank reported a profit of 12.76 billion rupees, marking a 46.85% decline from the previous year. The bank also declared a dividend of Rs. 10.50 per share, which will be divided into Rs. 8.00 per share in cash and Rs. 2.50 per share as a scrip dividend, applicable to both voting and non-voting shares. The bank’s shares ended the day down by 3.17%, closing at Rs. 221.50.

Seylan Bank published its financial results for the fourth quarter of December 2025, showing a profit of 3.84 billion rupees, which represents a 9.35% increase. The bank’s stock rose by 0.23%, closing at Rs. 111.00.

(Colombo/February 27, 2026)


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