CSE starts the week on a positive note as ASPI surpasses 15,900

The Colombo Stock Exchange (CSE) concluded today's trading session on a positive note, with the All Share Price Index (ASPI) closing above the 15,900 mark. The week started on an optimistic footing, supported by improved investor sentiment and renewed market confidence.

Opening on a positive footing, the ASPI maintained momentum throughout the session, ultimately closing at 15,916.69, up 64.95 points (0.41 percent). The S&P SL20 Index also posted gains, climbing 26.53 points (0.57 percent) to settle at 4,664.82.

Total market turnover amounted to Rs. 1.98 billion, with 76.98 million shares traded. Although trading activity remained healthy, overall turnover was lower compared to the previous session. Market breadth was notably positive, with 103 gainers outweighing 82 losers, reflecting broad investor participation contributing to the All-Share Price index. 

John Keells Holdings PLC (JKH.N) emerged as the top contributor to the ASPI, adding 11.61 points, while Hayles PLC (HAYL.N) was the largest drag, subtracting 2.83 points. The Food, Beverage and Tobacco  sector led in terms of turnover contribution.

Crossing transactions contributed significantly to overall turnover, totaling Rs.207.08 million, or roughly 10 percent of daily turnover. The largest crossings were recorded in Sampath Bank PLC (SAMP.N), accounting for a total of Rs.54.25 million with 0.5 million shares traded.

On the macroeconomic front, Sri Lanka is boosting efforts to attract investment and support exports through a new partnership between the Colombo Stock Exchange and the National Chamber of Exporters to enhance exporters’ access to capital markets. Meanwhile, President Anura Kumara Dissanayake has invited Vietnam’s Vingroup, active in EVs, real estate, and manufacturing, to invest in Sri Lanka, signaling stronger economic cooperation and growth ambitions.