š CSE Ends Week Down 4.26% Despite Late Three-Day Recovery
⢠Weekly Overview: The Colombo Stock Exchange (CSE) experienced a net decline over the week due to subdued investor sentiment and exchange rate concerns. The All Share Price Index (ASPI) fell by 4.26% (976.11 points), while the S&P SL20 decreased by 3.55% (223.22 points). ⢠Friday Market Turnaround: The market closed in the green for the third consecutive session on Friday. The ASPI recovered by 0.44% (+95.87 points) to close at 21,929.64, and the S&P SL20 rose by 0.37% (+22.31 points) to end at 6,061.02. ⢠Market Liquidity & Participation: Daily turnover reached nearly Rs. 2.2 Bn with over 78.3 million shares traded. However, overall participation remained low as both high-net-worth and retail investors adopted a cautious wait-and-see approach ahead of upcoming Central Bank (CBSL) policy decisions. ⢠Sector & Stock Highlights: The capital goods sector led daily turnover with a 25% share, followed by food, beverage & tobacco and banking, which jointly contributed 24%. Top positive contributors to the ASPI included John Keells Holdings (JKH), Colombo Dockyard (DOCK), Melstacorp (MELS), Richard Pieris (RICH), and Sampath Bank (SAMP). ⢠Foreign Investor Activity: Foreign market participants recorded a marginal net outflow of Rs. 11.6 million for the session.