CSE Recovers Mid-Session Slump to Close Week's Opening on Mixed Note š
The Colombo Bourse showed resilience yesterday, recovering from a mid-session dip below the 21,000 mark to see the benchmark index end in green, despite continued foreign selling pressure. ⢠Market Performance ASPI: Closed at 21,126.60 (+0.04% | 9.18 points) S&P SL20: Closed at 5,861.45 (-0.24% | 14.24 points) Turnover: Over Rs. 3.00 Bn on 82 million shares traded. ⢠Investor Activity Foreign Interest: Net foreign outflow of Rs. 804.7 Mn. High Net Worth (HNW): Significant participation in Melstacorp, Tokyo Cement, and John Keells Holdings. Crossings: Accounted for 31% of total turnover, dominated by a single Rs. 810 Mn crossing in Melstacorp. ⢠Sector Breakdowns Food, Beverage & Tobacco: Top turnover contributor (33% share); sector index rose 0.62% led by Lanka Milk Foods (+Rs. 2.00). Capital Goods: Second highest contributor; index up 1.20% with gains in John Keells Holdings and Access Engineering. Banking: Observed mixed interest; DFCC Bank emerged as a top positive contributor, while Sampath Bank dipped by 50 cents. ⢠Market Sentiment Early losses were attributed to Middle East tensions, but the ASPI recovered late in the day due to buying interest at lower levels in the banking and construction sectors.