📉 ASPI Slumps Below 21,000 Mark for First Time in Six Months

The Colombo Stock Exchange (CSE) faced a sharp downturn during today’s session (March 16), with key indices hitting multi-month lows amid significant selling pressure. • Market Performance: The All Share Price Index (ASPI) dropped below the critical 21,000 threshold to close at 20,939.26. This is the lowest level recorded since September 18, 2025. • Blue-Chip Decline: The S&P SL20 Index, representing the top 20 largest and most liquid stocks, slipped 199.72 points to end at 5,884.93. • Turnover & Liquidity: Total market turnover reached Rs. 6.59 Bn, reflecting active participation despite the bearish sentiment. • Investor Activity: • Domestic participation dominated the market, with domestic purchases at Rs. 6.49 Bn against sales of Rs. 6.54 Bn. • Foreign investors remained net buyers, recording Rs. 97 Mn in purchases against Rs. 42 Mn in sales. The decline marks a notable shift in investor sentiment for the banking and diversified financials sectors as the market adjusts to new support levels. _Note: Based on provisional market data for March 16, 2026._