Monday, December 23, 2024
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CSE hits new milestone as ASPI surpasses 15,000

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.

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