š CSE Crosses 23,000 Milestone: Weekly ASPI Gains 2.28%
The Colombo stock market demonstrated strong momentum this week, with the benchmark index surpassing the 23,000 mark for the first time since February 2026. Despite global volatility stemming from Middle East tensions, the market secured its third consecutive day of gains on Friday. ⢠Overall Performance: ASPI: Up 2.28% (514.45 points) for the week, closing at 23,063.98. S&P SL20: Up 1.8% (111.68 points) for the week, closing at 6,319.24. ⢠Market Activity: Daily Turnover: Recorded at approximately Rs. 4.1 Bn. Trading Volume: Over 273.7 million shares traded. Foreign Interest: Net foreign inflow of Rs. 26.2 million. ⢠Sector & Stock Highlights: Leading Sectors: Capital Goods led turnover (23%), followed by Diversified Financials and Banking (33% combined). Top Contributors: Key gains driven by Ceylinco Insurance (CINS), Hayleys (HAYL), Colombo Dockyard (DOCK), Dialog (DIAL), and HNB. ⢠Market Sentiment: Elevated retail participation and improved activity from high-net-worth investors supported the indices, helping the market withstand early profit-taking and global macro pressures.