Sri Lanka, Jan. 19 -- Bartleet Religare Securities (BRS) has projected that earnings for Sri Lanka's listed entities will grow by 10% year-on-year to reach LKR 765 billion in 2026. In their January 2026 strategy presentation, the firm set a year-end target for the All-Share Price Index (ASPI) at 23,500 based on a market price-to-earnings (P/E) multiple of 11x, with a further projection of 27,000 for 2027.Geographic Reference

The forecast comes amidst a revision of the country's macroeconomic outlook following the impact of "Cyclone Ditwa." While the economy recorded a stronger-than-expected real GDP growth of 4.5% in 2025, BRS forecasts a moderation to 3.% in 2026 before recovering to 3.2% in 2027. The brokerage anticipates headline infl...