CSE Ends in Red Amid Middle East Tensions 📉
The Colombo Bourse closed lower yesterday as escalating geopolitical conflict dampened investor sentiment, despite ongoing peace talk optimism. • Market Performance: The ASPI dropped 0.49% (110.70 points) to 22,584.30, while the S&P SL20 declined 0.50% to 6,213.24. • Liquidity: Market turnover stood at Rs. 2.1 Bn with 98 million shares traded. • Investor Activity: Foreign investors were net sellers with an outflow of Rs. 42 Mn. Participation from High Net Worth (HNW) and retail segments remained subdued. • Sector Highlights: - Banking: Contributed 17% to turnover; Commercial Bank led activity but saw its share price dip to Rs. 209.75. - Diversified Financials & Capital Goods: Combined for 32% of turnover. LB Finance closed flat at Rs. 155. - ICT/Tech: Digital Mobility Solutions Lanka defied the trend, gaining Rs. 2 to close at Rs. 155. • Key Laggards: CINS, CTHR, HAYL, SAMP, and HHL were the primary negative contributors to the indices. _Summary based on daily market provisional data._