📈 Colombo Stock Market Recoups Post-Cyclone Dip

• The market bounced back, capturing 30% of the Rs. 240 Billion value wiped off on Monday following the Ditwah cyclone. Market capitalisation gained Rs. 72 Billion yesterday. • The benchmark ASPI rose by 1% (219 points), and the active S\&P SL20 gained 0.85%, partially reversing Monday's plunges. • Turnover was Rs. 4 Billion, which is 20% below the monthly average of Rs. 5 Billion. Retail investors primarily drove bargain-hunting opportunities. • Sector Contribution to Turnover: • Capital Goods led with 29% (index +0.95%). • Banking and Materials sectors combined for 36.3%. • The Materials sector index saw the highest gain at +1.31%. • Foreign investors remained net sellers, posting a net outflow of Rs. 197.6 Million. High net worth interest was noted in Tokyo Cement NV, Dipped Products, and Melstacorp.