CT Holdings and Cargills (Ceylon) completed a combined 15 billion rupee share sale on Monday, marking the largest single transaction on the Colombo Stock Exchange this year.

Sri Lanka's stock market recorded its highest daily turnover in 2026 following significant divestments by two major listed companies. CT Holdings sold 10 percent of its shares, comprising 20.14 million units at 575 rupees each, while its subsidiary Cargills (Ceylon) divested 3 percent of its holdings through a sale of 6 million shares priced at 700 rupees per share. Asia Securities facilitated both transactions.

The combined divestment totaled over 15 billion rupees, substantially exceeding the previous year's largest transaction—a 9 billion rupee sale of Commercial Credit & Finance shares completed on August 6. Monday's activity lifted total stock exchange turnover to 16.85 billion rupees for the day.

Market analysts viewed the transactions positively as indicators of investor confidence. Raynal Wickremeratne, Head of Research and Strategy at NDB Securities, noted that the willingness of investors to acquire substantial stakes at high valuations suggests long-term commitment to the market, even amid global economic uncertainty. He described the trend of large-value transactions as evidence that the bourse has strengthened.

Market reactions to the divestments were mixed. CT Holdings shares gained 4.91 percent, closing at 550.50 rupees, while Cargills (Ceylon) shares declined slightly by 0.80 percent to close at 680.75 rupees.