📈 Colombo Stocks Dip Despite Strong Foreign Inflow & Rs. 4.92 Bn Turnover
The Colombo Stock Exchange closed in negative territory this Monday, marked by a slight decline in main indices despite significant activity in the banking sector and a boost from international investors. • Market Performance: The All Share Price Index (ASPI) fell by 52.26 points (-0.23%) to close at 23,011.72. The S&P SL20 Index dropped 19.22 points (-0.30%) to finish at 6,300.02. • Turnover & Liquidity: Total market turnover reached Rs. 4.92 Bn. A major driver was Seylan Bank, which accounted for Rs. 2.78 Bn (approx. 56%) of the day’s total value. • Investor Sentiment: Foreign Investors: Maintained a bullish stance with a net foreign inflow of Rs. 597 Mn (Buying: Rs. 661 Mn | Selling: Rs. 64 Mn). Local Investors: Recorded a net selling position, with buying at Rs. 4.26 Bn against selling of Rs. 4.86 Bn. The market remains focused on high-value transactions within the banking & financial services sector, reflecting ongoing portfolio rebalancing.