CSE Slumps 1.33% as Middle East Tensions Weigh on Market Sentiment 📉

The Colombo Stock Exchange started the week in red, driven by escalating Middle East conflict concerns and global supply chain disruptions. The market has lost over Rs. 1.1 trillion in value since late February 2026. • Market Indices: The ASPI dropped 1.33% (274.76 points) to close at 20,364.97, while the S&P SL20 fell 1.14% to 5,686.82. • Trading Volume: Market turnover recorded a low US$ 7.28 Mn (Rs. 2.37 Bn) with 96.2 million shares traded. • Sector Performance: The Capital Goods sector led turnover (29%), followed by Banking and Diversified Financials (27%). • Key Decliners: Major negative contributors included JKH, DOCK, RIL, DIAL, and CFIN. Market breadth was heavily negative (209 losers vs. 39 gainers). • Investor Activity: Foreign investors remained net sellers with a net outflow of Rs. 118.1 Mn. High-net-worth and retail participation remained below average due to rising crude oil prices and domestic energy supply uncertainties.