🐻 CSE Continues Negative Run Amidst Lacklustre Investor Activity

• Overall Market Figures: The Colombo Stock Exchange remained bearish for a second consecutive day. The benchmark ASPI closed 0.39% lower (down 87.39 points) at 22,177.65, while the active S&P SL20 fell 0.32% (down 19.55 points) to 6,130.65. Daily market turnover reached Rs. 2.01 Bn involving 82.01 million shares. Foreign investors remained net buyers. • Sector Breakdowns: • Capital Goods: Was the top contributor to market turnover, led by John Keells Holdings. The sector index edged down slightly by 0.03%, with John Keells Holdings closing flat at Rs. 20. • Materials: Was the second highest turnover contributor, with the sector index increasing by 0.58%. Within this sector, Chevron Lubricants rose by Rs. 0.50 to close at Rs. 199.50, and Haycarb appreciated by Rs. 7.75 to close at Rs. 155.75. • Investor Participation: High net worth and institutional activity focused on John Keells Holdings, Ceylon Cold Stores (which gained Rs. 3.50 to close at Rs. 139.75), and Chevron Lubricants. Mixed interest was seen in Haycarb, HNB Finance, and Colombo Dockyard. • Retail Interest: Retail investors focused on the apparel & textiles sector via Hela Apparel Holdings, alongside Waskaduwa Beach Resort and Industrial Asphalts. Pan Asia Banking Corporation also recorded a gain of one rupee to close at Rs. 55.40 among the top turnover contributors.