š CSE Rebounds with Record Rs. 12.32 Bn Turnover
The Colombo Stock Exchange (CSE) staged a strong recovery today (Jan 08) following yesterday's market disruption, posting its highest turnover in recent history. ⢠Market Performance: ⢠The All Share Price Index (ASPI) surged by 233.28 points (+1.00%) to close at 23,527.13. ⢠The S&P SL20 advanced by 100.01 points (+1.57%) to end at 6,463.86. ⢠Total turnover reached a record Rs. 12.32 Bn. ⢠Key Highlights: ⢠Lee Hedges PLC dominated activity with a crossing valued at Rs. 3.93 Bn. ⢠Wealth Trust Securities PLC debuted in the secondary market, recording a Rs. 1.16 Bn turnover. ⢠Wealth Trust shares, originally priced at Rs. 7.00 in the IPO, traded between Rs. 14.90 and Rs. 19.80, closing at Rs. 18.90āa massive 166% gain for initial investors. ⢠Market Context: ⢠Trading resumed normally after the SEC and CSE cancelled all equity transactions from Jan 07 due to a technical anomaly where a share was traded at an irregular price of Rs. 25,000. Based on provisional market data.