Indices close in red

EconomyNext reported that Sri Lanka’s Colombo Stock Exchange ended higher on Friday, October 16, 2026. The All Share Price Index (ASPI) increased by 119.48 points, or 0.60%, to 20,090.63. The S&P SL20 rose 36.09 points, or 0.63%, to 5,735.11. Turnover was Rs. 170.32 million.

Dialog Axiata, Commercial Bank of Ceylon, Sri Lanka Telecom and Sampath Bank were among the shares supporting the ASPI, EconomyNext reported. Distilleries Company of Sri Lanka, Ambeon Holdings and Tokyo Cement Company (Lanka) were among those weighing on it. Capital goods recorded the largest sector turnover, at Rs. 36.64 million.

In a report dated October 15, EconomyNext said the exchange had also closed higher on Thursday. The ASPI added 175.09 points, or 0.88%, to reach 19,971.15, while the S&P SL20 advanced 22.59 points, or 0.40%, to 5,699.02. Turnover totalled Rs. 1.5 billion, with Food, Beverage & Tobacco the leading industry group at Rs. 377.58 million. Carson Cumberbatch and Distilleries were among the main positive contributors; Singer and Cargills were among the negative contributors.

That report said Commercial Credit and Finance obtained central-bank approval for a five-year unsecured, subordinated, redeemable facility worth Rs. 1 billion, intended to bolster Tier II capital and meet regulatory capital-adequacy rules. It also reported that Siyapatha Finance deputy chairman Rushanka Silva is to become chairman on October 30. He is to succeed Palavinnege Sumith Cumaranatunga, who is due to retire on October 29 after completing nine years of service. Because Silva is a non-independent non-executive director, the board named independent non-executive director Widanalage Deshal Praveen de Mel to serve as senior independent director.

Daily Mirror described other sessions when both indices finished lower, citing losses in Dialog Axiata, Carson Cumberbatch and Distilleries in one report, and losses in Dialog Axiata, Commercial Bank and Hatton National Bank in another. A further Daily Mirror report cited Hemas Holdings, LOLC Holdings and Cargills among decliners, and said trading exceeded Rs. 1.2 billion; it also noted crossings in Ceylon Hotels Corporation, Commercial Bank and CIC. The reports put turnover above Rs. 1.1 billion and Rs. 1.9 billion in two other falling sessions. Separately, EconomyNext reported an ASPI drop of 0.14% and turnover of Rs. 318.20 million, without supplying a date or closing index level in the excerpt.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.