Saturday, December 14, 2024
spot_img

Latest Posts

ASPI gains continuously,turnover tops Rs. 6 Bn

The Colombo Stock Exchange continued its bullish momentum, propelled by strong participation from retail and high-net-worth investors. Gains were observed across almost all sectors, with heightened activity in Banking, Food, Beverage and Tobacco, and selected Construction counters.

The All Share Price Index (ASPI) surged by 170 points to close the week at an all-time high of 14,205. Turnover reached Rs. 6.1 billion, reflecting a 40.3% increase compared to the monthly average, driven by multiple off-board transactions and active retail investor participation.

The Capital Goods sector led the day’s turnover with a 25% contribution, while the Banking and Food, Beverage and Tobacco sectors jointly accounted for 40% of the overall turnover. Foreign investors remained net buyers, with a net inflow of Rs. 126.4 million, further boosting market confidence.

This performance highlights the continued optimism and resilience of the Colombo Bourse amidst favorable market conditions and increasing investor engagement.

Latest Posts

spot_img

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.