CSE indices soar; turnover tops Rs. 10 b as market ends on a high

THE Colombo stock market reopened after a day off 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 18,500 mark for the first time, setting a fresh record and reinforcing confidence in the market in the wake of increased certainty regarding US reciprocal tariffs and the UK’s upgraded trade reforms.

The ASPI gained 380 points or 2.09%, pushing it above the 18,500 milestone to close at 18,541, while the active S&P gained by 128 points or 2.39%.

Turnover yesterday was Rs. 10.22 billion involving 304.20 million shares. During the week, both ASPI and the S&P SL20 gained 2.2%, whilst recording an average daily turnover of Rs. 6.88 billion.

However, the foreign participation in the market activity remained at subdued levels closing as net sellers, with a net outflow of Rs. 1.2 billion.