Indices close in red

Daily Mirror reports that the Colombo Stock Exchange continued its recovery on 5 November 2026, with both benchmark indices rising for a third consecutive session. EconomyNext reports that the market reversed an early decline: the All Share Price Index (ASPI) was down 0.40 percent at one point, before standing 85.40 points higher at 21,215. The S&P SL20 rose 15.62 points, or 0.26 percent, to 6,045.

EconomyNext reports that Commercial Bank of Ceylon, Sampath Bank, Carson Cumberbatch and Hatton National Bank were among the positive contributors to the ASPI. It identifies Distilleries Company of Sri Lanka, Richard Pieris and Company, Hayleys, SMB Finance and Overseas Realty as leading negative contributors. Turnover was 799.49 million rupees, with the Banks industry group accounting for 175.25 million rupees.

EconomyNext reports that Bank of Ceylon’s Basel III-compliant Tier 2 debenture offering attracted bids worth more than 39 billion rupees, exceeding its planned maximum of 30 billion rupees. The state-run bank had initially offered 10 billion rupees, with options for two additional tranches of up to 10 billion rupees each. EconomyNext describes the listed, rated and unsecured subordinated debentures as redeemable, with five-year and seven-year maturities and non-viability write-down provisions.

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.