The Colombo Stock Exchange in Sri Lanka experienced a decline on Monday, with the capital goods sector contributing significantly to the turnover. The All Share Price Index (ASPI) decreased by 0.55%, equivalent to a drop of 130.63 points, closing at 23,681.68. Meanwhile, the S&P SL20 index fell by 0.66%, or 43.95 points, ending at 6,597.20.
Among the top negative contributors to the ASPI were Ceylinco Holdings at Rs.3,250.25, Colombo Dockyard at Rs.145.00, Melstacorp at Rs.181.25, and Commercial Bank of Ceylon at Rs.224.75. The market’s total turnover reached 5.17 billion rupees, with capital goods accounting for a substantial 2.1 billion rupees of this amount.
Colombo Dockyard PLC saw a decline of 5.97%, closing at Rs.145. This drop follows the acquisition of a 41.73% stake in the company by Mazagon Dock Shipbuilders Limited. In other developments, Commercial Bank announced plans to issue up to 20 billion rupees in Basel III–compliant Tier 2 listed subordinated debentures, available in tenures of 5, 7, and 10 years. Additionally, the bank unveiled an Employee Share Option Plan, offering a total of 49.2 million shares for the period of 2026-2028. The bank’s stock decreased by Rs.2.25, closing at Rs.224.75.
Ceylon Land & Equity disclosed a rights issue involving 614,156,734 ordinary voting shares priced at Rs.7 per share, resulting in their stock closing up by Rs.2.80 at Rs.15.20. LOLC Finance released its quarterly interim report for December 2025, reporting a profit of 19.4 billion rupees, marking a 16% increase compared to the previous year. Despite this positive performance, the stock closed down by 10 cents, settling at Rs.6.
(Colombo/Feb2/2026)
