Try GOLD - Free
Stock market hit by US tariff jitters but day ends on recovery note
The Island
|August 01, 2025
Stock market investors panicked and the CSE was slightly volatile yesterday due to the US tariff revision on Sri Lankan exports coming into effect today.
Consequently the market was a bit down during the initial sessions but later recovered and moved to green territory.
The All Share Price Index went up by 87.03 points, while the S and P SL20 rose by 14.1 points. Turnover, stood at Rs 5.6 billion. Seven crossings that were reported yesterday were; Access Engineering 2.9 million shares crossed to the tune of Rs 174 million; its shares traded at Rs 60, JKH five million shares crossed to the tune of Rs 119 million; its shares traded at Rs 23.80.
Melstacope 666,000 shares crossed to the tune of Rs 106 million; its shares traded at Rs 159, Sampath Bank 700,000 shares crossed for Rs 98 million; its shares traded at Rs 140, Union Bank 7.5 million shares crossed for Rs 90 million; its shares sold at Rs 12, NDB 616,000 shares crossed for Rs 83 million and its shares sold at Rs 136 and Central Finance 217,000 shares crossed for Rs 61.9 million; its shares traded at Rs 309.
This story is from the August 01, 2025 edition of The Island.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Island
The Island
WTS IPO opens tomorrow
The Initial Public Offering (IPO) of WealthTrust Securities Limited (WTS) will open tomorrow, inviting the public to subscribe for 71,548,244 Ordinary Voting Shares at an Issue Price of LKR 7.00 per share.
1 min
December 17, 2025
The Island
'Charles Sturt University brings world-class education opportunities to Sri Lanka'
Charles Sturt University is expanding its international presence with a new campus in Sri Lanka, opening doors for students to access globally recognised Australian qualifications closer to home.
1 min
December 17, 2025
The Island
Are growth supplements really necessary!
Shelves in pharmacies and supermarkets are crowded with growth supplements promising taller children, stronger teens and more robust adults.
2 mins
December 17, 2025
The Island
Cameron Green becomes most expensive overseas player; uncapped Indians go big
Australian allrounder Cameron Green has been bought by Kolkata Knight Riders (KKR) for INR 25.20 crore ($2.8 million approx.), making him the third-most expensive player sold at an IPL auction, and the most expensive overseas player ever.
3 mins
December 17, 2025
The Island
South Africa's tour of India on the brink of failure
South Africa are trailing 2-1 in the ongoing T20I series.
3 mins
December 17, 2025
The Island
Tax revenue rebound seen as reshaping SL's sovereign risk outlook
Sri Lanka's improving tax performance is reshaping its sovereign risk outlook.
2 mins
December 17, 2025
The Island
Pathirana, Akram blow away Gulf Giants with three-fers
A day ahead of the IPL auction, Matheesha Pathirana bagged a three-fer as Sharjah Warriorz scripted their second win of the season.
2 mins
December 17, 2025
The Island
AIA Sri Lanka sets benchmark as Most Valuable Insurance Brand in Sri Lanka
AIA Sri Lanka is recognised in CEO Magazine's special edition, ‘Sri Lanka’s Top 25 Most Valuable Brands for 2025,’ a prestigious acknowledgment of the company’s exceptional brand strength, market leadership, and strategic vision.
1 min
December 17, 2025
The Island
Revival of Innovative systems for reservoir operation and flood forecasting
Most reservoirs in Sri Lanka are agriculture and hydropower dominated.
5 mins
December 17, 2025
The Island
IPL 2026 to be held between March 26 and May 31
IPL 2026 will be held between March 26 and May 31, occupying the same window it has in recent years.
1 min
December 17, 2025
Listen
Translate
Change font size
