📈 CSE Opens Week in Red After Rally; Loses Rs. 53 Bn
The Colombo Stock Exchange (CSE) started the week on a negative note, ending a five-session rally and losing Rs. 52.9 billion in market value. • The ASPI declined by 0.95% (213.49 points) to close at 22,294.77. • The S&P SL20 also dropped by 0.74% (45.36 points) to 6,052.30. • Market turnover was modest at less than Rs. 2.23 billion, with nearly 81.3 million shares traded. • Foreign investors were net buyers, recording a net inflow of Rs. 88 million. • Top negative contributors to the ASPI included DOCK, CINS, COMB, CFIN, and DFCC. • The Capital Goods sector led turnover, accounting for 35%, while Food, Beverage and Tobacco and Diversified Financials contributed a combined 31%. • The Construction sector saw a pull-back, contrasting its performance from the previous week. • First Capital Research noted a subdued start to the week, with the ASPI drifting down after early trading hours.