Sri Lanka stocks open up; Capital goods lead turnover

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange opened higher on Tuesday, CSE data showed, with the benchmark All Share Price Index moving up 0.34 percent. The ASPI was up 66.28 points at 19,706.84, while the more liquid S&P SL20 was up 0.16 percent, or 8.73 points, at 5,610.60. Positive contributors to the ASPI were Dialog Axiata (up 1.67 percent at 42.70 rupees), Commercial Bank of Ceylon (up 0.51 percent at 196.25 rupees), LAUGFS Gas (up 9.86 percent at 39.00 rupees), and Richard Pieris and Company (up 2.37 percent at 25.90 rupees). Brown & Company (down 5.13 percent at 106.25 rupees), Browns Investments (flat at 4.40 rupees), Hayleys (down 0.23 percent at 215.25 rupees), and Union Assurance (down 1.81 percent at 65.00 rupees) were negative contributors. Market turnover was 123.52 million rupees. Capital goods led turnover with 17.57 million rupees. JAT Holdings reported profit attributable to equity holders rose 38 percent to 344.6 million rupees for the September quarter, driven by strong top-line growth across key international and domestic markets. A mandatory offer has been triggered for the remaining voting shares of Standard Capital after investor Abishek Sithampalam acquired a 70.54 percent controlling stake in the company. LAUGFS Gas said it is in informal discussions with interested parties regarding potential commercial collaborations, investments, or the possible sale of part or all of its wholly owned subsidiary, LAUGFS Terminals Limited, which operates the 30,000-tonne LPG terminal at Hambantota port. (Colombo/Oct27/2026)