š WealthTrust Securities Surges 167% in CSE Debut
WealthTrust Securities Limited (WLTH.N0000) marked a stellar entry into the equity market today, with its share price skyrocketing on the first day of trading. ⢠Market Performance: The share closed at Rs 18.70, a massive 167.14% increase (up Rs 11.7) from its IPO price of Rs 7.00. ⢠IPO Recap: The initial offer on 17th December 2025 was oversubscribed, raising LKR 500.84 Mn through the issuance of 71.54 Mn ordinary voting shares. ⢠Strategic Shift: Known as a leading primary dealer in government debt, this listing on the Diri Savi Board signals a major move to diversify into the equity market. ⢠Financial Standing: The company holds an "A- (Positive)" rating from the Lanka Rating Agency. ⢠Broader Context: This debut follows a record-breaking 2025 for the CSE, which saw 24 new listings and ended the year with a market cap of Rs 8.068 Tn. Diversification into the equity market is expected to leverage the firm's expertise in treasury bonds to deliver enhanced value to its new shareholder base.