CSE begins new week on bullish note

THE Colombo stock market yesterday began a fresh full week on a positive note, with investors sustaining bullish sentiments.

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The benchmark ASPI gained by over 69 points or 0.44% and the active S&P SL20 by 0.45%.

Turnover was Rs. 2.79 billion involving 89.52 million shares.

Foreign participation in market activity remained at subdued levels with foreigners closing as net sellers, with a net outflow of Rs. 101.4 million.

First Capital said the Colombo bourse extended its bullish momentum, with strong investor participation driving the ASPI to close in positive territory. The index surged at the open, and despite some volatility, maintained steady gains throughout the session to close at 15,811, recording an increase of 69 points.

JKH, CTHR, DIAL, HHL, and HASU stood out as the top positive contributors to the index.