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.

Share post:

spot_imgspot_img

Popular

More like this
Related

Fact Check: “Satanic Panic” at Winter Olympics?

Fact Check: "Satanic Panic" at Winter Olympics?

Does the Epstein Scandal Reach Sri Lanka? Separating Fact from Speculation in a Global Controversy

Does the Epstein Scandal Reach Sri Lanka? Separating Fact from Speculation in a Global Controversy

Attorney General Dismisses Claims of Pulling Out of Overseas Legal Actions

Attorney General Dismisses Claims of Pulling Out of Overseas Legal Actions

Trade Unions Back Drive to Digitise Excise Operations and Boost Revenue

Trade Unions Back Drive to Digitise Excise Operations and Boost Revenue