šŸ“ˆ CSE Market Momentum: 9th Consecutive Day of Gains

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The Colombo stock market maintained its bullish streak yesterday, marking nine straight sessions of growth. Total market value generated in the first three trading days of 2026 reached Rs. 218.6 billion. • Key Indices: The ASPI rose by 1.21% (+278.16 points) to 23,292.91, while the S&P SL20 surged 2.19% (+136.41 points) to 6,363.85. • Turnover & Volume: Market turnover stood at nearly Rs. 6.6 billion with 154.7 million shares traded. Crossings accounted for 15.3% of the total turnover. • Sector Performance: The Banking sector was the primary driver, contributing 32% of turnover. Capital Goods and Food, Beverage & Tobacco (including Poultry) collectively accounted for 36%. • Top Contributors: Major gains were seen in HNB, COMB, JKH, NDB, and SAMP. Market breadth was positive with 138 gainers against 103 decliners. • Foreign Interest: Recorded a net outflow of nearly Rs. 8 million. COMB.N saw the highest net foreign buying (Rs. 84.4 million), while PKME.N led net foreign selling (Rs. 36.4 million). The market P/E ratio currently stands at 11.02, reflecting high activity from both retail and high-net-worth investors.

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