📈 CSE Rebounds: ASPI Hits New Record High

The Colombo stock market staged a strong recovery yesterday, with the benchmark index reaching an all-time high amid sustained buying pressure. The ASPI rose 0.77% (+182.58 points) to settle at a record 23,806.32, while the blue-chip S&P SL20 climbed 1.14% to 6,619.32. • Market Performance & Liquidity Turnover surged to Rs. 9.8 Bn, marking a significant 86.6% increase over the monthly average of Rs. 5.3 Bn. Over 180.3 million shares were traded, though foreign investors remained net sellers with a net outflow of Rs. 51.1 Mn. • Sectoral Highlights • Capital Goods: The top contributor (44% of turnover), gaining 2.66% led by Colombo Dockyard (+Rs. 29.50) and Hayleys (+Rs. 30.50). • Banking: The second highest contributor, led by Hatton National Bank (+Rs. 2.75) and Sampath Bank. • Food, Beverage & Tobacco: Contributed to a collective 28% of turnover alongside banking. • Investor Sentiment Buying was driven by High Net Worth (HNW) and institutional interest in banking, diversified financials, and construction. Broad market interest remained strong in export-oriented companies as investors reacted to recent LKR depreciation, which enhances competitiveness for global trade. • Top Gainers Key price appreciation was seen in Colombo Dockyard (Rs. 143.25), Hayleys (Rs. 248.50), and Renuka Foods (+Rs. 5.10).