CSE Ends Volatile Session in Red 📉

The Colombo stock market closed slightly lower on Tuesday after early gains were erased by profit-taking. Despite a midday recovery attempt, both key indices remained in the red, driven by selling pressure in banking counters. • Overall Performance • ASPI: 23,882.82 points (-0.07% or 17.29 points) • S&P SL20: 6,708.71 points (-0.02% or 1.62 points) • Market Turnover: Rs. 4.2 Bn (37.7% below monthly average) • Foreign Outflow: Net outflow of Rs. 42.3 Mn • Sector Breakdowns & Turnover Leaders • Capital Goods: Led daily turnover with a 22% share. • Banking, Food, Beverage & Tobacco: Collectively contributed 30% to total turnover. • Top Volume: Softlogic Capital PLC (Rs. 274 Mn), Prime Lands Residencies PLC (Rs. 245 Mn), and Lanka Milk Foods (Rs. 240 Mn). • Market Dynamics • Market breadth was negative with 124 decliners vs 105 advancers. • Profit-taking was specifically noted in banking stocks following a previous rally. • High-net-worth (HNW) participation remained subdued, while retail activity stayed at average levels. Based on provisional trading data.