Colombo Bourse Ends Higher on Strong Turnover Driven by Block Trades

May, 29, 2026

The Colombo Stock Exchange (CSE) recorded a solid performance on May 29, 2026, with both major indices closing in positive territory.

The All Share Price Index (ASPI) gained 111.57 points to close at 22,310.80, while the S&P SL20 Index advanced 27.81 points to settle at 6,159.15.

Market turnover rose to a relatively high Rs. 7.37 billion, significantly boosted by large crossings. A major highlight was the crossing of approximately 400 million shares of HNB Finance PLC at Rs. 8.80 per share, contributing Rs. 3.52 billion to the day’s turnover. It was reported that Prime Lands (Pvt) Ltd, the second-largest shareholder of HNB Finance PLC, sold its stake through these block transactions.

Crossings exceeding Rs. 1 billion in Softlogic Insurance PLC also provided strong support to the overall turnover.

Among the major positive contributors to the ASPI were Commercial Bank, Dialog Axiata, Melstacorp, Access Engineering, and Hemas Holdings.

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