📉 CSE Loses Steam: Market Ends Flat After Early Rally
The Colombo Stock Exchange (_CSE_) closed flat on Tuesday, failing to sustain an early session rally that saw the index peak at 22,563.09 points amid easing geopolitical tensions and declining oil prices. Later profit-booking wiped out the early gains. • Market Indices: The All Share Price Index (ASPI) edged down 0.02% (3.36 points) to close at 22,377.29. Conversely, the active S&P SL20 index ticked up 0.03% (1.79 points) to finish at 6,221.32. Market breath was neutral with 117 gainers against 113 decliners. • Turnover & Volume: Daily market turnover stood at over Rs. 3.85 Bn, with nearly 152.6 million shares changing hands. High-net-worth and retail investor participation remained at average levels. • Sector Performance: The materials sector dominated market activity, accounting for 40% of the daily turnover. The capital goods and banking sectors collectively contributed another 20%. • Top Drivers & Laggards: Key positive contributors to the index included JKH, HAYL, DOCK, BREW, and BIL. Meanwhile, the index was dragged down by CARG, CINS, SAMP, NDB, and CFIN. • Foreign Interest: Foreign institutional and retail investors remained net buyers, recording a net foreign inflow of Rs. 427.1 Mn for the session.