By: Isuru Parakrama
December 23, Colombo (LNW): The Colombo Stock Exchange (CSE) achieved a historic milestone today as the All Share Price Index (ASPI) broke through the 15,000 threshold, reaching an impressive 15,027 during mid-morning trading.
This marks a significant achievement for Sri Lanka’s stock market, highlighting growing optimism among investors.
In addition to the ASPI’s strong performance, the S&P SL20 Index, which tracks the most liquid stocks on the exchange, also saw a notable increase, reaching 4,494 points.
This surge in stock market activity comes after several weeks of consistent upward momentum, fuelled by a wave of positive sentiment and improved investor confidence.
Analysts attribute the rally to a combination of factors, including optimistic economic signals from both domestic and international sources, as well as a more stable political environment.