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Colombo stock market remains bullish with high turnover
Daily FT
|May 30, 2025
THE Colombo stock market gathered further momentum yesterday with high turnover and relatively higher gain in indices in tandem with bullish investor sentiment.
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The benchmark ASPI gained by 0.6% and the active S&P SL20 by 0.9%. Turnover was Rs. 6.4 billion involving 173.85 million shares. Turnover was led by Sampath Bank (Rs. 1.58 billion), LOLC Holdings (Rs. 660.5 million), Hemas Holdings (Rs. 447 million), and Sierra Cables (Rs. 228.6 million).
Foreigners remained net sellers for the second consecutive day.
This story is from the May 30, 2025 edition of Daily FT.
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