📈 CSE Inches to New High Amid Volatile Session

The Colombo Bourse ended flat yesterday as the benchmark index reached a new peak despite selling pressure. The ASPI rose by 0.03% (7.45 points) to 23,813.77, while the active S&P SL20 marginally declined by 0.02% to 6,617.85. • Market Turnover: Recorded at Rs. 8.3 Bn, marking a significant 48.6% increase over the monthly average. Crossings accounted for Rs. 2 Bn (24% of total turnover). • Sector Performance: • Capital Goods: Led turnover with a 25% contribution, primarily driven by Colombo Dockyard. • Food, Beverage & Tobacco: Contributed 19% to turnover; sector index rose by 0.39% with gains in Renuka Agri Foods (+8.16%). • Banking: Accounted for 15% of daily activity, with Hatton National Bank (HNB) and DFCC acting as top positive contributors. • Investor Sentiment: • Foreign Participation: Remained subdued with a net outflow of Rs. 144.6 Mn. • HNW & Institutional: High interest noted in Renuka Foods, Laugfs Gas, and Pan Asia Bank. • Market Breadth: Weakened slightly with 108 gainers against 109 decliners. • Top Gainer Highlight: United Motors Lanka (UML) saw a strong 8.46% price gain on a turnover of Rs. 0.36 Bn.