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

IMF Team Arrives to Review Cyclone Impact and Aid Programme Progress

IMF Team Arrives to Review Cyclone Impact and Aid Programme Progress

Prevailing dry weather conditions expected to change (Jan 22)

Prevailing dry weather conditions expected to change (Jan 22)

Fairway Holdings Launches Its 7th Luxury Apartment Project, “Fairway Latitude”

Fairway Holdings, a leading condominium developer in Sri Lanka,...

Roads Cleaned, Beaches Ignored: Dehiwala–Mount Lavinia Municipal Council Under Fire

A serious environmental crisis has emerged along the coastal...