CSE ends week on the up, driving ASPI over 20,000 to new high

THE Colombo stock market yesterday ended the week on the up, while the positive sentiment drove the ASPI past 20,000 to a new all-time high.

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The benchmark ASPI gained by 289.69 points or 1.45%, whilst the active S&P SL20 gained by over 114.26 points or 1.98%.

Turnover was Rs. 9.54 billion involving 332.35 million shares.

During the week the ASPI and the S&P SL20 gained 2% and 1.2% respectively, whilst recording an average daily turnover of Rs. 6.36 billion.

Foreign investors remained net sellers with a net outflow of Rs.18.8 million.

First Capital said the Colombo Bourse yesterday witnessed heightened investor activity and positive sentiment, with the ASPI surging past the 20,000 mark by gaining 290 points to close at 20,218.