CSE Ends Down 0.75%, Extending Losses into Third Session 📉

The Colombo stock market faced sharp declines yesterday, continuing its bearish streak for a third consecutive day. Investor sentiment remained subdued due to ongoing selling pressure, rising interest rates, and surging global oil prices. • Market Indices & Sentiment ASPI: Down 0.75% (-166.55 points) to close at 22,011.10 S&P SL20: Down 0.54% (-32.83 points) to close at 6,097.83 Market Breadth: Heavily bearish with 185 decliners against only 47 gainers. High-net-worth (HNW) and retail participation remained average. • Turnover & Foreign Activity Total Turnover: Over Rs. 2.00 Bn with 109.8 Mn shares traded. Foreign Investors: Net sellers, recording a net outflow of Rs. 410.26 Mn. • Sector & Stock Highlights Top Sectors: The consumer durables & apparel sector led daily turnover with a 20% share. Capital goods and banking sectors collectively contributed 32%. Top Contributors to Turnover: Teejay Lanka (Rs. 360 Mn), John Keells Holdings (Rs. 143 Mn), and Commercial Bank (Rs. 96 Mn). Top Negative Contributors: DIAL, SAMP, BREW, CCS, and DOCK dragged down the ASPI.