📈 Colombo Bourse Surges as Turnover Hits Rs. 4.8 Bn

The Colombo Stock Exchange (CSE) maintained a strong upward trajectory today, marked by significant index gains and robust trading activity driven by foreign interest. • Overall Market Performance: The All Share Price Index (ASPI) rose by 145.47 points (+0.65%) to close at 22,695. The S&P SL20 index followed suit, gaining 37.08 points to settle at 6,244.64. • Turnover Highlights: Daily turnover reached a substantial Rs. 4.8 Bn. A major driver was a strategic "crossing" in Ceylon Tobacco Company (CTC), which accounted for Rs. 2.38 Bn—nearly half of the day's total turnover. • Key Transaction Details: The CTC deal involved the trade of 1,341,170 shares at a price of Rs. 1,780.00 per share. Market sources report this was a high-value transaction executed between two foreign entities, signaling continued international interest in blue-chip Sri Lankan stocks. • Sector Impact: The heavy volume in the manufacturing and consumer goods sector (via CTC) provided the necessary liquidity to boost market sentiment, reflecting a stable outlook for high-dividend-yielding stocks.