ECONOMYNEXT – Sri Lanka stocks closed 0.34 percent up after dipping in morning trade, brokers said.
“Today also we saw positive market conditions,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC, said.
“Even though we saw buying interest, we also can see there was selling pressure as well,” Mathew said about the market volatility.
“Speculative trading is also coming into the market.”
The broader ASPI rose 79.57 points to end at 23,582.16; while the more liquid S&P SL20 moved 0.44 percent, or 28.56 points to close up at 6,528.60.
“Bluechips and banking shares led the way.”
Top contributors to the ASPI were Richard Pieris & Company (up 7.30 rupees at 40.10), Dialog Axiata (up 0.90 rupees at 32.20), DFCC Bank (up 3.75 rupees at 169.75), Access Engineering (up 3.00 rupees at 67.10) and HNB (up 4.00 rupees at 427.00).
“Coconut shares moved up in value after the budget, and construction shares as well,” Mathew said.
Sierra Cables closed 1.30 rupees higher at 33.40, Valibel One rose 3.00 rupees to end at 104.75, and Lanka Ceramics climbed 4.75 rupees to 177.50.
Market turnover climbed from 7.5 billion rupees to 8.2 billion, while share volume was 223,077,601.
John Keells Holdings continued to see positive investor interest following the release of its quarterly report, Mathew said.
The company’s profits have risen 21 percent to 1.65 billion rupees in the September 2025 quarter with strong revenues from its electric vehicle sales and casino operations.
John Keells Holdings traded 0.10 rupees higher at 22.40.
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Elsewhere, stock markets closed lower as investors grew cautious.
Japan’s Nikkei 225 index fell as investors “grew cautious ahead of the release of earnings from market heavyweight SoftBank Group later in the day,”The Mainichinewspaper said.
The index closed lower at 50,911.76.
Pakistan stocks ended lower “as investors adopted a cautious stance amid political uncertainty during trading on Tuesday,” Pakistan’s Business Recorder said.
“Investor sentiments were further dented following a blast outside the district and sessions court building in Islamabad’s G-11 area,” Business Recorder said.
The country’s KSE 100 index was trading 2.24 percent lower at 157,914.80.
Meanwhile, India’s Nifty 50 index moved 0.47 percent up to close at 25,694.95, while the BSE Sensex moved 0.40 percent higher to 83,871.32. (Colombo/Nov11/2025)
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