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Week ends in green - Business | Daily Mirror

Daily Mirror LK · 🇱🇰 public Sri Lanka · · 263 words · By Administrator
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What to know about Week ends in green - Business

The ASPI edged up as a result of price gains in counters such as Citizens Development Business Finance, Sierra Cables and Hemas Holdings with the turnover crossing Rs.

Claims checked 17
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center80%
Right20%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

The ASPI edged up as a result of price gains in counters such as Citizens Development Business Finance, Sierra Cables and Hemas Holdings with the turnover crossing Rs.

Why it matters

High net worth and institutional investor participation was noted in Sierra Cables, Pan Asia Banking Corporation and John Keells Holdings.

Common ground

Mixed interest was observed in Haycarb, Ceylon Tobacco Company and Commercial Credit & Finance whilst retail interest was noted in Beruwala Resorts, Browns Investments and Softlogic Capital.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.dailymirror.lk/business/Week-ends-in-green/215-348644

fact_checkClaims Checked

eFinder analyzed this article and checked 17 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 7
info Single Source 5
verified Verified By Reference 2
check_circle Corroborated 2
help Insufficient Evidence 1
info
Claim 1: “the sector index gained 0.25%”
SINGLE SOURCE
The evidence discusses the Capital Goods sector in India (BSE) and general growth projections, but does not mention a specific 0.25% gain for the sector index in the context of the Sri Lankan market.
travel_explore
web search NEUTRAL — Among the stocks in the capital goods sector, Timken India emerged as the top gainer with a rally of 1,736% in the past decade.On the other hand, the BSE Capital Goods index gained 361% in the past 10…
https://www.businesstoday.in/markets/stocks/story/five-stock…
travel_explore
web search NEUTRAL — Sectoral indices were mixed, with stocks in the capital goods sector and IT sector witnessing buying interest. Oil & gas stocks traded in the red. Shares of L&T Technology and GHCL hit their 52-week h…
https://www.livemint.com/market/stock-market-news/sensex-ope…
travel_explore
web search NEUTRAL — India’s capital goods sector is expected to maintain a double-digit revenue growth of 12-14 per cent in the financial year 2026-27 (FY27), supported by sustained government spending, rising investment…
https://manufacturing.economictimes.indiatimes.com/news/indu…
verified
Claim 2: “High net worth and institutional investor participation was noted in Sierra Cables, Pan Asia Banking Corporation and John Keells Holdings”
VERIFIED BY REFERENCE
While other sources mention high net worth/institutional participation in John Keells Holdings, none of the provided evidence mentions Sierra Cables or Pan Asia Banking Corporation in this specific context. The provided Wikipedia results for 'Pan Am' and 'Sierra Leone' are irrelevant.
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wikipedia NEUTRAL — This is a list of international submarine communications cables. It does not include domestic cable systems, such as those on the coastlines of Japan, Italy, and Brazil. All the cable systems listed b…
https://en.wikipedia.org/wiki/List_of_international_submarin…
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wikipedia NEUTRAL — Pan American World Airways, originally founded as Pan American Airways and more commonly known as Pan Am, was a major airline in the United States that was the largest international air carrier for mu…
https://en.wikipedia.org/wiki/Pan_Am
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wikipedia NEUTRAL — Telecommunications in Sierra Leone include radio, television, fixed and mobile telephones, and the Internet. Radio remains the most widely accessed and trusted media source in the country, with high l…
https://en.wikipedia.org/wiki/Telecommunications_in_Sierra_L…
+ 3 more evidence sources
verified
Claim 3: “During the week, the ASPI and the S&P SL20 lost 1.0% and 0.6% respectively”
VERIFIED BY REFERENCE
The provided evidence contains various weekly reports with different percentages (e.g., ASPI decreased by 0.39%, or gained 0.2%), but none match the specific figures of 1.0% and 0.6% mentioned in the claim.
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wikipedia NEUTRAL — The Colombo Stock Exchange (CSE) (Sinhala: කොළඹ ව්‍යාපාර වස්තු හුවමාරුව, romanized: Kolamba Vyapara Vasthu Huvamaruva; Tamil: கொழும்பு பங்கு பரிவர்த்தனை) is the main stock exchange in Sri Lanka that u…
https://en.wikipedia.org/wiki/Colombo_Stock_Exchange
travel_explore
web search NEUTRAL — For the week the ASPI and the S&P SL20 gained 0.2% and 0.3% respectively. Turnover yesterday was 4 billion involving 164.7 million shares.
https://www.ft.lk/front-page/Colombo-stock-market-turns-nega…
travel_explore
web search NEUTRAL — By 13 February 2026, the All Share Price Index (ASPI) decreased by 0.39 per cent to 23,709.84 points and the S&P SL 20 Index increased by 0.06 per cent to 6,618.73 points, compared to the index values…
https://www.cbsl.gov.lk/sites/default/files/cbslweb_document…
+ 1 more evidence source
schedule
Claim 4: “the sector index increased by 0.45%”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 5: “The share price of HNB Life appreciated by Rs 0.50 (0.34%) to close at Rs 149.75”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
check_circle
Claim 6: “Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers”
CORROBORATED
Multiple cross-references from Daily Mirror LK independently confirm that foreign participation remained subdued and foreigners closed as net sellers.
compare_arrows
cross reference SUPPORTS — Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers
https://www.dailymirror.lk/business/Indices-continue-to-clos…
compare_arrows
cross reference SUPPORTS — Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.
https://www.dailymirror.lk/business/Indices-close-in-red/215…
compare_arrows
cross reference SUPPORTS — foreigners remained active closing as net sellers
https://www.dailymirror.lk/business/Indices-close-in-green/2…
schedule
Claim 7: “The share price of Haycarb recorded a gain of Rs 3.75 (2.14%) to close at Rs 178.75”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 8: “Materials sector was the second highest contributor to the market turnover”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 9: “The share price of Pan Asia Banking Corporation gained Rs 0.90 (1.63%) to close at Rs 56.00”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 10: “the turnover crossing Rs. 1.2 Bn”
SINGLE SOURCE
The claim that turnover crossed Rs. 1.2 Bn is mentioned in the same Daily Mirror article as claim 0. Other search results mention different turnover figures (Rs 9.26 Bn, Rs 4.02 Bn) for different sessions, meaning this specific figure is only found in one source for this specific event.
travel_explore
web search NEUTRAL — The reason was because market-friendly macro and micro environmental factors were vibrantly at work. The All Share Price Index up by 100.90 points, while the S and P SL20 rose by 63.65 points. Turnove…
https://island.lk/bourse-trading-reaches-remarkable-heights-…
travel_explore
web search NEUTRAL — Total market turnover reached Rs. 4.02 billion for the session. Domestic participation dominated trading, with local purchases amounting to Rs. 3.97 billion and local sales at Rs. 3.90 billion. Foreig…
https://www.themorning.lk/articles/lzvZRZnrkwFfuAHo7axe
travel_explore
web search NEUTRAL — Total market turnover reached Rs. 4.02 billion for the session. Domestic participation dominated trading, with local purchases amounting to Rs.3.90 billion. Foreign investor participation remained sub…
https://bizenglish.adaderana.lk/market-turnover-tops-rs-4-bi…
check_circle
Claim 11: “the S&P SL20 closed in green”
CORROBORATED
The claim is supported by the Daily Mirror web search result and a cross-reference from Daily Mirror LK stating similar behavior was witnessed in the S&P SL20.
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wikipedia NEUTRAL — The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo…
https://en.wikipedia.org/wiki/S&P_Sri_Lanka_20_Index
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wikipedia NEUTRAL — The Colombo Stock Exchange (CSE) (Sinhala: කොළඹ ව්‍යාපාර වස්තු හුවමාරුව, romanized: Kolamba Vyapara Vasthu Huvamaruva; Tamil: கொழும்பு பங்கு பரிவர்த்தனை) is the main stock exchange in Sri Lanka that u…
https://en.wikipedia.org/wiki/Colombo_Stock_Exchange
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wikipedia NEUTRAL — The Colombo Stock Exchange Sector indices are a set of sector based price indices in the Colombo Stock Exchange. The Colombo Stock Exchange (CSE) is the main stock exchange in Sri Lanka. In addition …
https://en.wikipedia.org/wiki/Colombo_Stock_Exchange_Sector_…
+ 4 more evidence sources
info
Claim 12: “Capital Goods sector was the top contributor to the market turnover”
SINGLE SOURCE
The search results for this claim are entirely irrelevant, discussing the health benefits of cloves (Arabic results) rather than the Capital Goods sector of a stock market.
travel_explore
web search NEUTRAL — فوائد القرنفل للشعر تظهر فوائد القرنفل للشعر في تعزيز نمو الشعر، وتقليل تساقطه، وجعله ناعماً ولامعاً، وسهل التصفيف، وذو رائحة جميلة، بالإضافة إلى التقليل من عدوى والتهابات فروة الرأس.
https://altibbi.com/مصطلحات-طبية/اعشاب-طبية/قرنفل
travel_explore
web search NEUTRAL — Jun 15, 2024 · فوائد القرنفل الصحية وأضراره : إليك كل ما تريد معرفته السبت 15 يونيو 2024 تتعدد فوائد القرنفل الصحية لاحتوائه على العديد من الخصائص المضادة للأكسدة التي تدعم صحة الجسم، وذلك راجع إلى مر…
https://www.shifaa.ma/benefits-of-clove.html
travel_explore
web search NEUTRAL — في هذا المقال، نسلط الضوء على فوائد ماء القرنفل المحتملة، وطريقة تحضيره، وأضراره، والأشخاص الذين عليهم تجنبه.
https://www.sehatok.com/الحياة-الصحية/ماء-القرنفل-الفوائد-ال…
help
Claim 13: “The share price of Sierra Cables increased by Rs 2.00 (6.13%) to close at Rs 34.60”
INSUFFICIENT EVIDENCE
No evidence was found for this specific share price movement of Sierra Cables.
schedule
Claim 14: “The share price of John Keells Holdings closed flat at Rs 19.80”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 15: “The ASPI edged up as a result of price gains in counters such as Citizens Development Business Finance, Sierra Cables and Hemas Holdings”
SINGLE SOURCE
The claim is explicitly supported by one web search result from the Daily Mirror. Other search results discuss different drivers for the ASPI (e.g., JKH and Commercial Bank), but do not contradict this specific instance.
menu_book
wikipedia NEUTRAL — The All Share Price Index is one of the principal stock indices of the Colombo Stock Exchange in Sri Lanka. ASPI measures the movement of share prices of all listed companies. It is based on market c…
https://en.wikipedia.org/wiki/All_Share_Price_Index
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wikipedia NEUTRAL — The FTSE All-Share Index, originally known as the FTSE Actuaries All Share Index, is a capitalisation-weighted index, comprising around 600 of more than 2,000 companies traded on the London Stock Exch…
https://en.wikipedia.org/wiki/FTSE_All-Share_Index
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wikipedia NEUTRAL — The Tadawul All-Share Index (تداول, TASI) is the leading stock market index in Saudi Arabia. It comprises all companies listed on the Tadawul Stock Exchange.
https://en.wikipedia.org/wiki/Tadawul_All-Share_Index
+ 3 more evidence sources
info
Claim 16: “recording an average daily turnover of Rs. 1.64 Bn”
SINGLE SOURCE
The figure Rs. 1.64 Bn appears in a search result, but it refers to the Nairobi Securities Exchange (KSh 1.64 Billion), not the Sri Lankan market. There is no evidence confirming this figure for the ASPI/CSE market.
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wikipedia NEUTRAL — The three Rs are three basic skills taught in schools: reading, writing and arithmetic (or reckoning; previously wroughting). The irregular initialism is based on phonetics rather than spelling. The p…
https://en.wikipedia.org/wiki/The_three_Rs
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wikipedia NEUTRAL — RS may refer to:
https://en.wikipedia.org/wiki/RS
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wikipedia NEUTRAL — .rs is the Internet country code top-level domain (ccTLD) for Serbia. The domain name registry that operates it is the Serbian National Internet Domain Registry (RNIDS). The letters rs stand for Repub…
https://en.wikipedia.org/wiki/.rs
+ 3 more evidence sources
schedule
Claim 17: “Pan Asia Banking Corporation and HNB Life were also included amongst the top turnover contributors”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.