📈 CSE Ends Lower as ASPI Retreats from 24,000 Milestone
The Colombo stock market ended in the red for the fourth consecutive session as early gains above the 24,000 mark succumbed to profit-taking and cautious investor sentiment. • Market Performance Overview • ASPI: Down 0.38% (-91.22 points) to 23,900.89. • S&P SL20: Down 0.22% (-14.55 points) to 6,655.66. • Turnover: Rs. 6.9 Bn with 277.3 Mn shares traded. • Foreign Activity: Net outflow of Rs. 20.9 Mn. • Sector & Stock Highlights • Capital Goods: Led turnover (22% share) at Rs. 1.55 Bn, despite a sector index dip of 0.64%. Key activity seen in Hemas Holdings and Colombo Dockyard. • Real Estate: Second highest contributor; sector index rose 0.70% driven by Prime Lands Residencies (up Rs. 2.60 to Rs. 46.80). • Finance & Consumer: Softlogic Capital gained Rs. 1.40, while Ceylon Tobacco Company fell by Rs. 49.75. • Investor Sentiment & Liquidity • Market breadth was weak with 140 decliners against 77 gainers. • High net worth and institutional interest remained selective, while increased retail participation supported liquidity. • Crossings accounted for Rs. 1.76 Bn (25% of total turnover), notably in Prime Lands Residencies. Based on daily market provisional data.