CSE Ends Losing Streak Amid Market Volatility 📈
The Colombo Bourse closed marginally higher yesterday, recovering from a two-day decline despite a session marked by early volatility and cautious sentiment. • Market Performance Overview The All Share Price Index (ASPI) gained 0.02% (4.59 points) to reach 23,655.68. The S&P SL20 index followed suit, rising 0.09% (6.11 points) to settle at 6,611.52. • Turnover and Trading Volume Daily turnover reached Rs. 3.35 Bn, with approximately 170.9 million shares traded. However, market breadth remained negative as 132 counters declined against 105 gainers. • Foreign and Investor Activity Foreign investors recorded a net outflow of Rs. 64 million. High Net Worth (HNW) and retail participation remained subdued, contributing to the day’s cautious trading tone. • Sector Highlights The capital goods sector dominated turnover with a 20% share. This was supported by the food, beverage & tobacco and diversified financials sectors, which collectively contributed 32% to the day's total. • Key Stock Movers Top Contributors: NHL, CFIN, CARG, John Keells Holdings (JKH), and LLUB. Turnover Leaders: Samson International (Rs. 220 Mn), UB Finance (Rs. 172 Mn), and Sierra Cables (Rs. 149 Mn).