ASPI Falls Over 100 Points Amid Moderating Turnover 📉

The Colombo Stock Exchange (CSE) closed on a weaker note today as investor enthusiasm cooled, leading to a significant dip in the broader market index. • Market Indices: The All Share Price Index (ASPI) dropped by 103.17 points (-0.43%) to close at 23,651.09. The blue-chip S&P SL20 Index showed more resilience, declining marginally by 3.27 points to settle at 6,605.41. • Liquidity & Turnover: Market turnover moderated to Rs. 3.54 Bn, a notable decrease from recent high-activity sessions, indicating a cautious approach by participants. • Investor Participation: Local Investors: Remained the primary driver of the market, accounting for Rs. 3.51 Bn in purchases and Rs. 3.04 Bn in sales. Foreign Investors: Activity was subdued and leaned toward selling, with a net foreign outflow of Rs. 466 Mn (Purchases: Rs. 34 Mn vs. Sales: Rs. 500 Mn). The overall sentiment reflects a temporary retreat as the market seeks a new support level following recent gains.