The Colombo Stock Exchange (CSE) has made the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2025 Mid-Year rebalance.
The exclusion and inclusion as announced by S&P Dow Jones Indices, effective from June 23 (after the market close of June 20, 2025) are:
Exclusion: Distilleries Company of Sri Lanka (CSE Ticker DIST.N0000).
Inclusion: Central Finance Company (CFIN.N0000)
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 500 million Sri Lankan rupees (Rs), 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.
For information, including the complete methodology, please visit: spindices.com
Effective from June 23 the stocks in the S&P Sri Lanka 20 in alphabetical order are:
1. Central Finance Company (CFIN.N)
2. Ceylon Cold Stores (CCS.N)
3. Chevron Lubricants (LLUB.N)
4. Commercial Bank of Ceylon (COMB.N)
5. DFCC Bank (DFCC.N)
6. Dialog Axiata (DIAL.N)
7. Hatton National Bank (HNB.N, HNB.X)
8. Hayleys (HAYL.N)
9. Hemas Holdings (HHL.N)
10. John Keells Holdings (JKH.N)
11. Lanka IOC (LIOC.N)
12. LB Finance (LFIN.N)
13. LOLC Finance (LOFC.N)
14. LOLC Holdings (LOLC.N)
15. Melstacorp (MELS.N)
16. National Development Bank (NDB.N)
17. Nations Trust Bank (NTB.N)
18. Royal Ceramics Lanka (RCL.N)
19. Sampath Bank (SAMP.N)
20. Vallibel One (VONE.N)
