CSE crosses 19,000 during trading session reflecting continued investor activity

By Almas Equities Research 

The Colombo Stock Exchange (CSE) witnessed a historic session today as the All Share Price Index (ASPI) crossed the 19,000 mark for the first time, closing with a gain of 107.88 points at 19,012.41. The session was marked by strong early momentum with the index surging over 200 points, followed by a sharp intraday drop of nearly 275 points before rebounding to end positively. The S&P SL20 Index also showed strength, closing up 71.83 points (1.28%) at 5,700.54. Total turnover reached LKR 9.10 Bn with 276.92 Mn shares traded.

Market breadth remained mixed with 96 companies contributing positively to the ASPI while 123 recorded declines. JKH.N was the standout performer accounting for LKR 1.1 Bn in turnover from 42.41 Mn shares including a significant crossing of LKR 202.42 Mn from 7.8 Mn shares. Other top contributors included COMB.N, AEL.N, HAYL.N, and LOLC.N. On the flip side, CFIN.N led the negative side with LKR 90.56 Mn turnover followed by notable declines in HHL.N, MELS.N, DIMO.N, and CINS.N.

Crossings contributed approximately LKR 852.5 Mn which is nearly 9% of the day’s total turnover, highlighting continued institutional interest. Notably, HASU.N posted a strong price gain of 8.30% reflecting growing investor confidence in selected counters. The day's trading activity underscores strong investor participation amidst market volatility and sustained momentum in key counters.