📈 CSE Ends Volatile Week on the Up
The Colombo Stock Exchange (CSE) closed the week on a positive note, with both major indices recording modest gains during the final session. • Market Performance The ASPI rose by 0.24% (+57.33 points) to end at 23,709.84, while the S&P SL20 gained 0.29% (+19.21 points) to close at 6,618.73. For the overall week, the ASPI declined 0.39%, while the S&P SL20 edged up 0.06%. • Turnover & Trading Daily turnover reached Rs. 8.5 Bn, supported by robust high-net-worth participation and significant block trades. Crossings accounted for 36% (Rs. 3.14 Bn) of the total value. • Sector Highlights The materials sector dominated activity, contributing 37% (Rs. 3.10 Bn) of daily turnover. The banking and capital goods sectors followed, collectively providing 28% of the day's value. • Key Stock Movements Tokyo Cement (TKYO.N) was the top turnover contributor (Rs. 2.05 Bn), followed by Teejay Lanka (TJL) and Sampath Bank (SAMP). Leading index gains were driven by Hatton National Bank (HNB), Richard Pieris (RICH), and Dilmah Ceylon Tea (CTEA). • Foreign Interest Foreign investors remained net sellers with a net outflow of Rs. 986.2 Mn for the day. However, the weekly net outflow of Rs. 2.9 Bn showed improvement compared to the Rs. 5 Bn outflow recorded the previous week.