CSE Resumes Bullish Run: ASPI Surges 258 Points as Turnover Tops Rs. 5.28 Bn 📈

The Colombo Stock Exchange (CSE) maintained positive momentum on May 7th, marked by robust domestic participation and high liquidity. • Market Performance Overview • ASPI: Rose by 258.09 points (+1.13%) • S&P SL20: Rose by 47.13 points (+0.75%) • Turnover: Totaled Rs. 5.28 Billion • Volume: 514.6 million shares traded via 40,268 transactions • Sector & Stock Highlights • Top Gainers: Industrial Asphalt surged 40% (Rs. 0.70), followed by SMB Finance (Non-voting +33.33%; Voting +25%). • Key Contributors: John Keells Holdings (JKH) led turnover at Rs. 368.2 Mn, followed by Commercial Bank (Rs. 345.5 Mn) and Ceylon Tobacco (Rs. 337.6 Mn). • Plantations & Leisure: Mixed performance with Horana Plantations (-5.54%) and Palm Garden Hotels (-7.08%) among the top losers. • Investor Sentiment & Capital Flows • Domestic Participation: Contributed Rs. 5.03 Bn, acting as the primary market driver. • Foreign Activity: Net foreign outflow of Rs. 22.32 Mn (Purchases: Rs. 247.48 Mn vs. Sales: Rs. 269.80 Mn).