CSE Ends Week Down 0.9% Amid Global Tensions 📉

The Colombo stock market closed a volatile week in the red, as investor sentiment remained cautious due to rising geopolitical uncertainties. • Market Performance: The ASPI dropped by 0.9% (205.7 points) to end at 22,567.63, while the S&P SL20 fell by 59.3 points over the week. • Foreign Investment: Net foreign outflows for the week exceeded Rs. 2.6 Bn, pushing the year-to-date (YTD) net outflow to Rs. 24.9 Bn. • Daily Activity: Daily turnover reached Rs. 2 Bn with 120 million shares traded. Foreigners remained net sellers with a daily outflow of Rs. 31 Mn. • Sector Contributions: Capital Goods led turnover at 17%. Food, Beverage & Tobacco and the Banking sectors followed, contributing a combined 31%. • Top Gainers: Positive contributions were noted from CINS, CTC, COMB, JKH, and MELS. Market analysts attribute the dull sentiment and subdued participation from retail and high-net-worth investors to global instability stemming from US–Iran tensions.