The Colombo Stock Exchange (CSE) witnessed a sharp decline today, with key indices tumbling amid growing investor anxiety over the reciprocal tariffs imposed by US President Donald Trump.
The All Share Price Index (ASPI) dropped by 349.84 points, closing at 15,657.60, while the S&P SL20 Index fell by 119.30 points, ending the day at 4,643.32.
The market recorded a turnover of Rs. 3.82 billion, reflecting heightened trading activity amid the sell-off. Analysts attribute the decline to fears of a broader economic impact from the new tariffs, particularly on Sri Lanka’s export sector and foreign investor sentiment.
