CSE hits new milestone as ASPI surpasses 15,000

Date:

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.

Share post:

spot_imgspot_img

Popular

More like this
Related

New Bone Marrow Transplant Unit and Upgraded Medical Facilities Planned for Kandy National Hospital

Deputy Health Minister Dr. Hansaka Wijemuni announced that a...

CEB Employees Given Final Opportunity to Withdraw VRS Applications

Ceylon Electricity Board (CEB) General Manager K.S.I. Kumara announced...

New Education Reforms Launched from Grade One, Laying Foundation for Compassionate Future Generation – PM

The foundation for nurturing a future generation enriched with...

IMF Expresses Solidarity with Sri Lanka After Cyclone Ditwah, Reaffirms Support for Reform Programme

The International Monetary Fund (IMF) has expressed strong solidarity...