The Colombo Stock Exchange in Sri Lanka experienced an uptick on Wednesday, as investor interest returned, buoyed by positive corporate earnings and the central bank’s decision to maintain current interest rates, according to brokers.
“There was some volatility in the morning with some selling pressure, but the All Share Price Index (ASPI) managed to recover and close positively, while the S&P SL20 remained flat,” stated Ranjan Ranatunga, Assistant Vice President – Research at First Capital.
He added, “We are observing a generally positive sentiment in the market as the earnings season begins, with most results announced so far being favorable. Investors are keenly awaiting further earnings reports.”
The ASPI increased by 0.13 percent, or 31.95 points, closing at 23,992.11. Concurrently, the S&P SL20 edged up by 0.03 percent, or 2.16 points, reaching 6,670.21. The market turnover was recorded at 6.9 billion rupees.
High net worth investors showed interest in John Keells Holdings, which rose by 30 cents to 22.90 rupees, and LOLC Holdings, which increased by 75 cents to 615 rupees. Meanwhile, retail investors focused on penny stocks such as Co-operative Insurance, Prime Lands, and York.
(Colombo/Jan28/2026)
