📈 CSE Ends Just Shy of 24,000 Milestone

The Colombo stock market showed resilient performance yesterday, briefly breaching the 24,000-point mark for the third consecutive session before closing just 7.89 points below the milestone. Market turnover rose by 9.9% over the monthly average to reach Rs. 6.9 Bn. • Overall Market Performance The All Share Price Index (ASPI) gained 0.13% (+31.95 points) to close at 23,992.11, having hit an all-time intra-day high of 24,068.22. The S&P SL20 index dipped slightly by 0.03% to 6,670.21. • Sector & Stock Highlights Capital Goods led the market with a turnover of Rs. 1.91 Bn (28% share). John Keells Holdings (JKH) was the top contributor in the sector, generating Rs. 0.79 Bn. Real Estate Management saw a 1.6% index gain, driven by Prime Lands Residencies (PLR), which recorded the day's largest crossing of Rs. 0.32 Bn. Diversified Financials also contributed significantly to total turnover. • Investor Sentiment & Activity Net foreign outflow: Rs. 480.2 Mn (foreigners were net sellers). Market breadth: 86 gainers vs. 140 decliners, indicating profit-taking and consolidation. Participation: Retail activity remained high, while High-Net-Worth (HNW) interest focused on value-driven counters like JKH and Senkadagala Finance. _Note: Market direction is expected to stabilize following the conclusion of the quarterly earnings season._