CSE Week Ends in Red Amid Foreign Selling 📉

• The Colombo Stock Exchange (CSE) ended the week down following a three-day rally. • The ASPI declined 0.15% (to 22,804.84), while the active S&P SL20 closed in the green, up 0.18%. • Turnover was Rs. 5.6 Bn, which is 26% below the monthly average of Rs. 7.5 Bn. Foreign Activity & Weekly Close: • Foreign selling was substantial, leading to a net outflow of Rs. 893 Mn yesterday. • Foreigners were net sellers for the entire week, resulting in a net outflow of nearly Rs. 2 Bn. • Week-on-Week, the ASPI declined marginally by 0.03%, and the S&P SL20 fell 0.83%. Sector Performance & Activity: • Market activity was led by the Capital Goods sector, which contributed 29% of total turnover and saw its sector index gain 0.56%. • The Materials and Diversified Financials sectors accounted for a combined 23% of turnover. • Strong High Net Worth (HNW) activity was observed, primarily driven by large-scale crossings in SPEN (Aitken Spence) and LGL (Laugfs Gas).