Sri Lanka Stocks Slide 2.22% as S&P SL20 Dips Below 6,000 Mark

FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened down on Monday, as global oil prices rose over 104 dollars per barrel due to the Israel-US attacks on Iran and the subsequent retaliation entering the third week.

The All Share Price Index was down 2.41 percent, or 523.55 points, at 21,169.00.

The S&P SL20 was down 2.41 percent, or 146.72 points, at 5,937.93.

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Market turnover was 2.4 billion rupees.

Brent crude futures are at their highest price since June 2022, following US airstrikes on Iran’s Kharg Island, a key energy center point.

The Strait of Hormuz remains effectively closed. (Colombo/Mar16/2026)