Dull Friday at CSE, hopes shift to next week
By Hiran H. Senewiratne Trading on the Colombo Stock Exchange (CSE) ended on a dull note Friday, with investors adopting a cautious stance amid mixed sentiment. Market analysts attributed the lacklustre session to investors pinning their hopes on the coming week, when positive quarterly results are expected from the banking sector and select counters. Amid […]
The Colombo Stock Exchange (CSE) experienced a subdued trading session on Friday, as investors maintained a cautious outlook amidst mixed sentiment. Analysts attributed the lackluster performance to the anticipation of positive quarterly results from the banking sector and select counters in the upcoming week. The All Share Price Index decreased by 100.42 points, while the S and P SL20 index rose by 27.01 points.
The trading volume was relatively low, with a turnover of Rs 1.89 billion and only three crossings. The top contributing companies to the turnover included Cargills Bank, Commercial Credit and Finance, and Sierra Cables, among others. Additionally, BPPL Holdings announced a First Interim Dividend of 0.25 rupees per share, with the ex-dividend date set for August 18, 2026.
Brief written by urgent.news from The Island Sri Lanka's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
