CSE Closes Week 0.69% Lower Amid Global Uncertainty 📉

The Colombo stock market faced a downward trend this week as geopolitical tensions and cautious investor sentiment weighed on performance, despite a marginal recovery on Friday. • Market Indices: The ASPI declined by 0.69% (158.23 points) to end at 22,905.75, while the S&P SL20 fell 0.55% (35 points) to 6,284.24. • Foreign Activity: Significant net foreign selling was recorded at Rs. 579.98 million for the week, with a heavy daily net outflow of Rs. 670.7 million on Friday. • Sector Performance: The Capital Goods sector dominated activity, contributing 38% of daily turnover, followed by Banking and Diversified Financials at 28%. • Key Contributors: Commercial Bank (COMB) and Hayleys Fabric (HUNT) were top positive contributors, though market breadth remained negative with 125 decliners against 83 gainers. • Volume & Turnover: Weekly turnover stood at over Rs. 2.8 billion with 114.8 million shares traded; participation from both retail and high-net-worth investors remained moderate.