📈 CSE Edges Lower Despite Early Gains; Foreign Buying Turns Positive

The Colombo stock market closed marginally lower yesterday, reversing a sharp early gain of over 235 points due to late profit-taking driven by economic and global uncertainties. • Overall Market Figures: All Share Price Index (ASPI) fell by 0.07% (15.40 points) to close at 22,298.07. S&P SL20 decreased by 0.21% (31.21 points) to end at 6,148.77. Daily market turnover reached over Rs. 2.3 Bn, with more than 93.1 million shares traded. • Foreign & Investor Participation: Foreign investors emerged as net buyers, recording a net inflow of over Rs. 50 Mn. Participation from both high-net-worth (HNW) and retail investors remained subdued. • Sector & Stock Performance: The capital goods sector led daily market turnover with a 29% share. The banking and food, beverage & tobacco sectors collectively contributed 27% to turnover. Top negative contributors to the ASPI included JKH, RICH, CIC, SAMP, and NDB.