📈 CSE Extends Post-Budget Rally to Third Session

• The Colombo Stock Exchange (CSE) continued its positive momentum, extending the post-Budget rally for a third consecutive session on renewed interest in banking stocks. • Overall Figures: • Benchmark ASPI closed 0.33% higher (up 77.54 pts to 23,659.70). • S&P SL20 gained 0.44% (up 29 pts to 6,557.60). • Turnover was strong, exceeding Rs. 7.23 Bn on nearly 191 million shares traded. • Market Drivers: • Investor interest focused on low and mid-tier Banking counters, supported by continued strong High Net Worth (HNW) interest. • Key positive contributors included RICH, JKH, SFCL, VONE, and SPEN. • Sector Activity: • The Capital Goods sector led market activity, accounting for 26% of total turnover. • Banking and Retailing sectors jointly contributed 31% of the total turnover. • Foreign Activity: • Foreign investors were net sellers during the session, posting an overall net outflow of Rs. 57.7 million.