The Colombo Stock Exchange closed lower on Friday, with the All Share Price Index down 133.22 points, or 0.60 percent, at 22,024.18.

The more liquid S&P SL20 fell further in percentage terms, down 1.06 percent or 67.55 points to 6,298.02, EconomyNext reported after the close. Hiru News reported the same index move and the same turnover independently.

Despite Friday’s fall, the market ended the week 784.53 points higher than the previous Friday’s close — a reminder that a single red session has not undone the run-up through the 2027 Budget week.

Turnover

Market turnover was Rs 3.23 billion, with capital goods leading at Rs 869.21 million. Hiru put turnover at Rs 3.2 billion, consistent with the EconomyNext figure.

What moved the index

Negative contributors:

Positive contributors:

Banks on both sides of the ledger

The two banks among the day’s biggest drags both had results in the market on Friday. Hatton National Bank reported a 4.9 percent fall in September-quarter group net profit on wider trading losses and a swing to impairment charges. Sampath Bank’s September quarter was filed on Thursday.

Neither filing states that the results caused the share moves, and this report does not assert it. The sequence is recorded here because the results and the price moves fell on the same session.

Context

Friday’s close follows Thursday’s session, the first full trading day after the 2027 Budget was presented on Wednesday. The index has traded above 22,000 since Tuesday.

Not reported

Neither filing gives the advance-decline breadth, the number of trades, foreign participation or net foreign flows for the session, and neither carries a broker or analyst comment explaining the move.

Sources