πŸ“‰ CSE Slumps as 11-Day Bull Run Ends

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The Colombo stock market began the week in negative territory, snapping an 11-day winning streak as indices retreated amid cautious sentiment and selling pressure. β€’ Market Indices & Performance ASPI: Declined by 0.19% (45.79 points) to close at 23,608.51. S&P SL20: Ended flat with a marginal 0.01% dip to 6,502.45. Turnover: Recorded at Rs. 5.2 Bn, which is 14.7% above the monthly average of Rs. 4.5 Bn. β€’ Sector & Stock Highlights Capital Goods: Top turnover contributor (24%), led by John Keells Holdings (Rs. 22.90) and Royal Ceramics (Rs. 50.00). The sector index fell 0.51%. Banking: Second highest contributor; sector index eased by 0.10%. Commercial Bank rose to Rs. 219.50, while HNB and SAMP faced declines. Food, Beverage & Tobacco: Combined with Banking to account for 31% of the daily turnover. β€’ Investor Activity Foreign Participation: Remained subdued with a net outflow of Rs. 35.4 Mn. Participant Profiles: Retail activity was strong, while High Net Worth (HNW) and institutional interest were concentrated in select blue-chips like JKH and Royal Ceramics.

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