📈 CSE Marks Record Rebound as Market Recoups 48% of Conflict Losses

The Sri Lankan stock market extended its recovery for a second consecutive session, setting a new benchmark for single-day point gains. The surge follows easing global oil prices and optimism regarding diplomatic negotiations in the Middle East. • Overall Market Performance The ASPI surged by 3.79% (+797.62 points) to close at 21,868.85, while the S&P SL20 rose 3.81% (+225 points) to 6,134.23. Total market turnover reached Rs. 6.4 Bn with 299.5 million shares traded. • Value Recovery The market gained Rs. 284.1 Bn in value yesterday, bringing the two-day total gain to Rs. 528 Bn. This recoups 48% of the Rs. 1.1 Tn value lost since the onset of the Middle East conflict on Feb 28. • Sector Highlights Food, Beverage & Tobacco: Led turnover (22% share) with the sector index rising 4.20%, driven by Lanka Milk Foods and Melstacorp. Capital Goods & Materials: Contributed a combined 34% to turnover. The Capital Goods sector rose 4.28%, led by Colombo Dockyard. Banking: Commercial Bank and Hatton National Bank were principal contributors to the upward momentum. • Investor Activity High net worth and retail participation remained above average. While domestic sentiment was strongly positive (265 green vs. 16 red counters), foreign investors remained net sellers with a net outflow of Rs. 525 Mn.