Sri Lanka’s Colombo Stock Exchange experienced a relatively stable day on Tuesday, with the market closing largely unchanged amid stagnant conditions, according to brokerage sources. However, there was notable speculative interest in Colombo Dockyard, which significantly influenced the day’s turnover.
The All Share Price Index saw a slight decline of 0.02 percent, or 4.13 points, closing at 23,623.74. Conversely, the S&P SL20 index rose by 0.21 percent, or 14.02 points, ending the day at 6,553.37. The total market turnover was reported at 5.16 billion rupees.
“Speculation around dockyard continues to impact turnover,” stated Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC. On Tuesday, Colombo Dockyard listed 323,365,158 new ordinary voting shares following its rights issue.
Mathew also noted that construction-related stocks made a significant contribution to the day’s turnover. “There is ongoing interest in banks,” he added, “and we are also observing some movement of funds within finance companies.”
Among the top contributors to the All Share Price Index were Hayleys, which increased by 6 rupees to 218, Dockyard, which rose by 5.50 rupees to 114.25, ACL Cables, which went up by 3.25 rupees to 105, Commercial Bank, up by 1.50 rupees to 224.25, and NTB, which climbed by 5.25 rupees to 348.
(Colombo/Jan20/2026)
