📈 CSE Rebounds on Final Session but Weekly Performance Dips 1.2%

The Colombo Stock Exchange (CSE) ended the week on a positive daily note despite a broad weekly decline, as the market remained closed on Friday for the Good Friday holiday. • Weekly Performance: The All Share Price Index (ASPI) declined by 1.2% (-258.31 points) for the week, while the S&P SL20 fell by 2.0% (-124.30 points). • Daily Market Movement: On the final trading day, the ASPI gained 0.24% to close at 21,117.42. However, the S&P SL20 slipped 0.48% to 5,875.69, largely due to ex-dividend adjustments in the banking sector. • Trading Activity: Turnover reached Rs. 1.77 Bn with 64.1 Mn shares traded. Capital goods led activity (26% of turnover), followed by the banking and materials sectors. • Key Contributors: Top gainers included MELS, SAMP, and RIL. Heavyweights like JKH and TKYO.N dominated turnover, with the latter leading crossings at Rs. 88.9 Mn. • Investor Sentiment: Foreigners were net sellers with an outflow of Rs. 68.2 Mn. Market breadth was positive with 139 gainers against 84 decliners, while the Market P/E stood at 10.68.