CSE Ends Two-Day Rally as Global Tensions Weigh on Market Sentiment 📈

The Colombo Bourse closed in negative territory yesterday, snapping a two-session gaining streak as geopolitical uncertainties regarding US–Iran tensions dampened investor confidence. • Market Performance: The All Share Price Index (ASPI) dropped by 0.32% (73.23 points) to close at 22,566.58, while the S&P SL20 edged down 0.13% to 6,205.73. • Trading Activity: Market turnover reached Rs. 2.8 Bn with 126 million shares traded. Market breadth was negative, with 145 losers against 76 gainers. • Foreign & Institutional Interest: Foreign investors were net buyers for only the second time this month, recording a thin net inflow of Rs. 3.4 Mn. High-net-worth and institutional participation focused on Ceylon Cold Stores, Overseas Realty, and Access Engineering. • Sector Highlights: • Food, Beverage & Tobacco: Led turnover (20% share). Ceylon Cold Stores gained Rs. 3.25 to close at Rs. 117.25. • Capital Goods: Second highest contributor. Access Engineering saw a slight decline to Rs. 76.50. • Banking & Real Estate: Mixed sentiment; Overseas Realty rose 3.01% to Rs. 47.90, while SAMP was a top negative contributor to the ASPI. • Outlook: Investors are adopting a "wait-and-see" approach due to potential economic impacts from global volatility, with retail activity remaining subdued.