📈 CSE Breaks 5-Day Slump on Bargain Buying

Source

• The Colombo Stock Exchange closed in the green, recovering from a five-session decline on heightened buying interest. • Benchmark ASPI gained 0.33% (75.10 pts) to close at 23,104.96. • Active S&P SL20 also rose 0.32% (20.60 pts) to 6,382.18. • Total turnover reached Rs. 3.49 Billion. • Foreign Investors remained net sellers, registering an outflow of Rs. 40.9 Million. • Market activity was supported by persistent bargain buying, though retail participation was muted. • Top Turnover Sectors: • Capital Goods led with 24% of total turnover, mainly due to John Keells Holdings (JKH). • Banking and Food, Beverage & Tobacco sectors collectively contributed 39%. • High Net Worth (HNW) and institutional interest were noted in counters like Commercial Bank (CMB), JKH, and Melstacorp. • Key positive contributors to the index included SAMP, RICH, BUKI, JKH, and CARS.

Listen to this article

Duration: 1:21