š CSE Marginally Up as JKH Crossings Dominate Turnover
The Colombo Stock Exchange closed Christmas Eve slightly positive, driven by significant block trades in John Keells Holdings (JKH). ⢠Market Performance: ⢠ASPI gained 0.15% (+32.05 pts) to 21,959.05. ⢠S&P SL20 rose 0.07% (+4.17 pts) to 6,015.48. ⢠Turnover exceeded Rs. 4.1 billion, with 147.2 million shares traded. ⢠Investor Activity: ⢠Foreign investors were net sellers with an outflow of Rs. 331.3 million. ⢠JKH crossings accounted for 33.9% of overall turnover, drawing strong interest from HNW investors. ⢠Crossings contributed 43.3% to total turnover. ⢠Sector Contributions: ⢠Capital Goods sector led with 53% of total turnover. ⢠Diversified Financials and Banking sectors combined for 14%. ⢠Market Sentiment: The market largely consolidated, trading within a narrow range despite occasional volatility spikes. Top positive contributors included SFCL, SPEN, SAMP, BUKI, and CARG.