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Bullish week for CSE
Daily FT
|May 31, 2025
THE Colombo stock market yesterday ended a bullish week boosted by rebound in investor sentiment and strategic deals.
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First Capital said the CSE closed the week on a positive trajectory, with the ASPI gaining 39 points to settle at 16,855. After a modest uptick at the open followed by a brief dip, the index rebounded and maintained upward momentum to close firmly in the green. The rally was largely supported by notable gains in HAYL, CALH, which commenced trading today, COMB, NDB, and RIL. Investor sentiment remained upbeat, with heightened activity from retail participants, while HNW interest was observed particularly in LIOC, PKME and CALH. Total market turnover reached Rs. 5.2 billion, 30% higher over the monthly average.
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