📈 CSE Plummets to Two-Month Low Amid Weather Uncertainty

• The Colombo Stock Market (CSE) recorded a sharp decline yesterday, losing a total of Rs. 143 Billion in value from its previous close. • The ASPI fell 1.87% (414.98 points) to 21,826.59, while the active S&P SL20 dropped 1.75%. • Daily turnover was nearly Rs. 3.78 Bn. • The sharp slide was primarily attributed to uncertainty surrounding adverse weather forecasts warning of persistent heavy rainfall. • Sector Focus & Contribution: • Capital Goods was the top contributor, generating 38.6% of the day’s turnover (counters included John Keells Holdings, Access Engineering). The sector index lost 1.51%. • Banking was the second largest contributor, with the sector index decreasing by 1.72% (driven by Hatton National Bank). • Investor Activity: • Foreign investors remained Net Sellers, posting an outflow of Rs. 295.5 Mn. • Overall investor activity, including retail and High Net Worth (HNW) participation, was noted as muted.