š CSE Extends Recovery for 2nd Straight Session
⢠Overall Market Performance: The Colombo Stock Exchange (CSE) recorded strong gains yesterday, backed by improving investor sentiment. - ASPI: Up 1.41% (+277.55 points) to close at 19,970.22. - S&P SL20: Up 1.43% (+80.26 points) to close at 5,692.57. - Market Breadth: Positive, with 151 gainers against 53 losers. ⢠Trading Activity & Investor Flows: - Total Turnover: Nearly Rs. 2.2 Bn on over 67.4 Mn shares traded. - Foreign Investors: Net sellers, recording a net outflow of Rs. 894.3 Mn. ⢠Sector & Stock Highlights: - Top contributors to ASPI gains included Commercial Bank (COMB), Dialog Axiata (DIAL), Hatton National Bank (HNB), Hemas Holdings (HHL), and CIC Holdings (CIC). - Sector turnover was led by Telecommunications (39%), followed by Food, Beverage & Tobacco and Materials (collectively 27%). ⢠Market Sentiment: Bourse traded in positive territory driven by stronger market participation, with positive momentum partly influenced by global developments surrounding the conclusion of Israeli elections.