CSE closes on a positive note

By Almas Equities Research 

The Colombo Stock Exchange (CSE) ended today’s trading session on an upbeat note, with the All Share Price Index (ASPI) recovering from an early decline of 78 points to close up 49.77 points (+0.25%) at 19,972.79. The S&P SL20 Index also posted a modest gain of 1.65 points (+0.03%) to end at 5,826.56. Market turnover stood at LKR 7.59 billion, with 137.35 million shares traded. Crossings accounted for approximately 60% of the day’s total turnover, amounting to LKR 4.47 billion, driven primarily by NDB.N which generated LKR 4.39 billion from 31.60 million shares.

The Banking sector was the dominant contributor to market turnover, accounting for nearly 67% of the day’s total. In total, 109 companies advanced while 98 declined. Notable positive contibutor to ASPI included NDB.N, which topped the turnover list with LKR 4.5 billion from 32.36 million shares, along with positive moves from DIAL.N, CARS.N, LOLC.N, and SAMP.N. On the downside, JKH.N led the laggards with a turnover of LKR 196.83 million from 8.51 million shares, alongside HAYL.N, HNB.N, PINS.N, and MELS.N, which exerted downward pressure.

A highlight of the session was BOGA.N, which saw significant trading interest and recorded a sharp 31.21% price increase, marking one of the day’s strongest performances. The overall market sentiment remained positive, with sectoral strength from banking stocks and selected counters offsetting declines in blue-chip counters.