CSE Rebounds as Foreigners End 21-Day Selling Streak 📈

The Colombo Bourse ended in positive territory yesterday, driven by renewed optimism surrounding Middle East peace talks and a reversal in foreign investment trends. • Market Performance: The ASPI gained 0.25% (+55.45 points) to close at 22,625.48, while the S&P SL20 remained nearly flat, down a marginal 0.01%. Turnover reached over Rs. 3.5 Bn with 360 million shares traded. • Foreign Interest: After 21 consecutive sessions of selling, foreign investors emerged as net buyers with a modest inflow of Rs. 19.8 Mn. Despite this, April remains in a net outflow position of ~Rs. 2.6 Bn, though YTD net inflow stands strong at ~Rs. 22.4 Bn. • Sector Highlights: - Consumer Services: Led market turnover (29%), supported by high activity in Citrus Leisure and Hikkaduwa Beach Resort. The sector index rose 0.51%. - Diversified Financials: The second highest contributor, gaining 0.85% in its sector index, led by Softlogic Finance and Softlogic Capital. - Capital Goods: Along with financials, contributed a combined 28% to total turnover. • Key Contributors: Top positive index drivers included CINS, BUKI, CFIN, MELS, and NHL. While retail participation was high, activity from High Net Worth (HNW) and institutional investors remained subdued, focusing on ACL Cables and Hemas Holdings.