The Colombo Stock Exchange’s year-to-date net foreign outflow reached Rs 33,681.39 million (m) as of June, with Rs 1,226 m in net sales during the month, according to Ambeon Securities’ June monthly report and SenFin Securities’ market highlights.
Referring to foreign investor activity in the first half of the year, SenFin Securities said: “Foreign investors were net sellers in every month of the half, resulting in a cumulative net outflow of approximately Rs 34.1 b. Selling was heaviest in February (-Rs 9.4 b) and lightest in June (-Rs 1.7 b).” (Note: SenFin's June figure of Rs 1.7 b differs from Ambeon's Rs 1.2 b.)
Ambeon Securities noted that the companies with the highest net foreign outflows included Dialog Axiata PLC, Hemas Holdings PLC, and WindForce PLC. Listed companies with top foreign inflows included Distilleries Company of Sri Lanka PLC, Nations Trust Bank PLC, and Janashakthi Group (operating as JXG).
During the same period, daily average turnover in June was Rs 2,255 m, down 33.16% from May’s value, while daily average volumes fell 51.70% to Rs 90 m.
In sector performance, the Transportation sector gained the most (+5.06%), while the Utilities sector recorded the largest decrease (-7.23%). Overall, 9 sectors recorded increases, while 11 declined.
During June, the All Share Price Index (ASPI) declined by 0.01%, while the S&P SL20 increased by 0.89%, against a backdrop of US-Iran de-escalation efforts, the US proposal to implement import taxes on 60 countries (including Sri Lanka), and inflation reaching 6.8%.
“The first half of 2026 was a period of consolidation rather than direction. After a vigorous start, the market recovered in the first quarter and spent the second quarter rebuilding, ending broadly flat on a price basis and modestly positive on a total-return basis,” SenFin Securities said in its report.