ASPI hits record high as CSE begins week on the up with Rs. 9.5 b turnover

THE Colombo stock market started the new week and sustained its all-time high level yesterday amidst healthy turnover fuelled by bullish investor sentiment, ending the week on the up.

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The benchmark ASPI surged past the 18,800 mark for the first time, setting a fresh record and reinforcing confidence in the market in the wake of certainty regarding global trade tariff dynamics. The ASPI gained 297.13 points or 1.60%, pushing it above the 18,800 milestone to close at 18,838.39, while the active S&P SL20 gained by 142.21 points or 2.59%.

Turnover yesterday was Rs. 9.49 billion involving 520.33 million shares.

However, foreign participation in market activity remained at subdued levels, closing as net sellers with a net outflow of Rs. 327.99 million. First Capital said, building on the previous week’s sentiment, the Colombo bourse refreshed its all-time high as investor optimism remained strong, driven by relatively low reciprocal tariff rates compared to regional peers.