The Colombo Stock Exchange was trending up at midday on Tuesday, with the benchmark All Share Price Index rebounding 0.83% after Monday’s rate-hike selloff, EconomyNext reported.
The ASPI was up 178.52 points at 21,581.80 at the 11:12 a.m. read, while the more liquid S&P SL20 was up 0.79%, or 47.34 points, at 6,015.76. Tuesday’s midday move clawed back roughly half of the 366-point fall the index suffered at the same point Monday but leaves the benchmark well below the 22,011 close logged a week ago on June 3.
Top positive contributors to the ASPI were Dialog Axiata (up 3.16% at Rs. 42.50), Hayleys (up 1.77% at Rs. 229.75), Colombo Fort Land & Building (up 21.11% at Rs. 74.00) and Browns Investments (up 3.57% at Rs. 5.80). Commercial Bank of Ceylon (down 0.37% at Rs. 201.00), People’s Insurance (down 4.68% at Rs. 26.50) and People’s Leasing & Finance (down 1.40% at Rs. 21.20) were the main drags.
Market turnover stood at Rs. 483 million by the midday read. Capital goods led trading with Rs. 60.3 million, followed by food, beverage and tobacco with Rs. 58.1 million.
The CSE also announced a trading suspension on Hela Apparel Holdings effective 18 June, citing a disclaimer of audit opinion in the company’s independent auditor’s report for the year ended 31 March 2025. The suspension will not take effect if Hela Apparel Holdings rectifies the non-compliance on or before 16 June, the exchange said.
