CSE suffers notable decline amid market volatility

Date:

March 03, Colombo (LNW): The Colombo Stock Exchange (CSE) experienced a considerable downturn today (03), with both key indices witnessing significant losses by the close of trading.

The All Share Price Index (ASPI) plummeted by 311.37 points, settling at 16,167.30, reflecting a sharp contraction in market sentiment.

Meanwhile, the S&P SL20 Index also saw a notable decrease, falling by 103.96 points to end the day at 4,827.21.

The day’s trading activity saw a turnover of Rs. 1.5 billion, indicating lower market participation amid the downturn.

Investors appeared to adopt a cautious stance as concerns over the broader economic outlook weighed on the market.

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