CSE Bull-Run Sustained by 2026 Budget Optimism š
⢠Colombo Stock Exchange indices maintained a positive momentum, driven by investor optimism following the national Budget presentation. ⢠Key Indices Performance: ⢠Yesterday: ASPI gained 0.98% (+225 points); S&P SL20 rose 1.13%. ⢠Weekly: ASPI gained 2.3%; S&P SL20 gained 2.7%. ⢠Turnover & Activity: ⢠Daily turnover was Rs. 6.7 billion, surpassing the weekly average of Rs. 5.73 billion. ⢠Banking sector led market activity, accounting for 23% of total turnover, with the sector index gaining 1.56%. ⢠Capital Goods and Food, Beverage and Tobacco sectors collectively contributed 32% of turnover. ⢠Key Stocks and Contributors: ⢠High net worth and institutional interest was noted in DFCC Bank, Sampath Bank, and Sunshine Holdings. ⢠Top index contributors included SFCL, COMB, SAMP, HNB, and VONE. ⢠Foreign Activity: ⢠Foreigners were net sellers, recording a net outflow of Rs. 91.5 million. ⢠Net foreign buying topped in JKH, while selling was highest in PLC.