📈 CSE Edges Up as HNW Activity Hits Rs. 11.1 Bn

The Colombo stock market extended its winning streak for a second session, bolstered by aggressive high-net-worth (HNW) investor participation despite a significant foreign outflow. • Market Performance Overview The All Share Price Index (ASPI) rose by 0.15% (+34.49 points) to close at 23,768.99. The blue-chip S&P SL20 followed with a 0.08% gain, ending at 6,602.81. Market activity was exceptionally high, with turnover reaching Rs. 11.1 Bn. • Investor & Sector Activity HNW investors dominated the floor, contributing over 60% of daily turnover (Rs. 6.7 Bn) through strategic crossings. Conversely, foreign investors recorded a net outflow of Rs. 1.0 Bn. • Capital Goods: Led turnover with a 50% share, driven by John Keells Holdings (JKH), which contributed Rs. 4.2 Bn alone. • Banking: Accounted for a major portion of the remaining turnover, led by Hatton National Bank (HNB) with transactions totaling Rs. 1.5 Bn. • Retail: Remained average, focusing primarily on penny stocks and selected counters like Luminex and UB Finance. • Key Corporate Movers Top positive contributors included JKH (+Rs. 0.30), Sampath Bank, and Dialog. Hemas Holdings also gained Rs. 0.10, while HNB saw a price decline of Rs. 2.50 despite high volume.