As of 25th October 2024, the Colombo Stock Exchange (CSE) has emerged as the second best performing equity index in Asia, with the All Share Price Index (ASPI) reporting a remarkable year-to-date return of 29.65% in USD, according to Bloomberg. This performance highlights the resilience of Sri Lanka’s capital market and its increasing appeal to both local and international investors.
For the week ending 25th October 2024, the CSE’s daily average turnover was Rs. 3.058 billion. The last two consecutive trading days (Thursday and Friday) saw a daily turnover surpassing Rs. 4.7 billion. The ASPI closed the week at 12,517.58 points, nearly reaching its highest level for the year. Meanwhile, the S&P SL20 index, representing the 20 largest and most liquid stocks, also reported strong gains, closing at 3,759.30 points.
With its ongoing positive momentum, the CSE remains a promising avenue for investment, offering new opportunities for growth in Sri Lanka’s capital market.