📈 CSE Surges Past 21,000 Points with Rs. 390 Bn Market Value Gain

The Colombo Stock Exchange extended its upward trajectory for a third consecutive session, driven by heightened retail and high-net-worth investor participation. • Key Market Indices & Movement: - ASPI: Gained 2.87% (+589.18 points) to close at 21,130.30. - S&P SL20: Advanced 3.34% (+194.79 points) to reach 6,029.88. - Market Capitalization: Value increased by nearly Rs. 390 Bn since Monday. • Trading Activity & Investor Sentiment: - Turnover: Exceeded Rs. 5.4 Bn with over 258.3 million shares traded, reaching its highest level since August. - Market Breadth: Positive momentum with 227 advancing stocks against 32 declines. - Foreign Cash Flow: Net outflow of nearly Rs. 228 million. - Key Market Drivers: Positive global cues from US midterm elections and falling global oil prices below $100/barrel helped ease local inflation concerns. • Sector & Stock Highlights: - Banking Sector: Led total daily turnover with a 20% contribution. - Materials & Capital Goods: Accounted for a combined 30% of total turnover. - Top Stock Contributors: COMB, DIAL, HAYL, LOLC, and OSEA led ASPI gains.