CSE Briefly Hits 24,000 Milestone Before Ending Flat 📈
• Market Performance The All Share Price Index (ASPI) reached a historic all-time high of 24,052.06 in early trading before losing momentum. It closed at 23,953.09, down a marginal 0.01% (3.42 points). In contrast, the S&P SL20 index rose by 0.20% to end at 6,663.12. • Turnover & Trading Volume Daily turnover exceeded Rs. 5.4 Bn with approximately 195 million shares traded. Strategic portfolio rebalancing and sector rotation were prominent as the market entered a consolidation phase near the 24,000 psychological level. • Sector & Stock Highlights • Capital Goods led market activity with a 29% share of turnover. • Food, Beverage & Tobacco and Diversified Financials followed, collectively contributing 27%. • Top Trades: LOLC (Rs. 503.6 Mn) and Browns Group (Rs. 422.6 Mn) led turnover. YORK.N saw a significant price surge of 24.81%. • Crossings: Rs. 0.45 Bn (8% of turnover), with the largest recorded in CARG.N (Rs. 0.15 Bn). • Investor Sentiment Foreign investors recorded a net outflow of Rs. 25 Mn. Market breadth was slightly negative with 126 decliners against 95 gainers, reflecting cautious near-term sentiment despite the early record-breaking peak.