The Colombo Stock Exchange (CSE) has announced changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2025 Year End rebalance.

Accordingly, Access Engineering PLC, People’s Leasing & Finance PLC, Singer Sri Lanka PLC and Sunshine Holdings PLC have been included in the list, while, Ceylon Cold Stores PLC, Chevron Lubricants Lanka PLC, Commercial Bank of Ceylon, LOLC Finance PLC and Royal Ceramics Lanka have been excluded. 

The exclusion and inclusion as announced by S&P Dow Jones Indices, effective from 22 December (after the market close of 19 December) are presented below.

Exclusions

The S&P SL 20 index includes the 20 largest companies, by total market capitalisation, listed on the CSE that meet minimum size, liquidity and financial viability thresholds. The constituents are weighted by float-adjusted market capitalisation, subject to a single stock cap of 15%, which is employed to reduce single stock concentration.

The S&P SL 20 index has been designed in accordance with international practices and standards. All stocks are classified according to the Global Industry Classification Standard (GICS), which was co-developed by S&P Dow Jones Indices and MCSI and is widely used by market participants throughout the world.

To be eligible for inclusion, a stock must have a minimum float-adjusted market capitalisation of Rs. 500 million, a six-month median daily value traded of Rs. 0.25 million and have positive net income over the 12 months prior to the rebalancing reference date.