Stock Market

Colombo Stock Exchange Posts Modest Recovery Amid Lower Turnover

The Colombo Stock Exchange (CSE) witnessed a modest recovery on Wednesday, rebounding slightly from Tuesday’s decline despite a notable drop in trading turnover compared to recent sessions. The benchmark All Share Price Index (ASPI) edged up by 8 points (0.06%), while the active S&P SL20 gained 5 points (0.13%). The day’s turnover amounted to Rs.

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Stock Market

CSE Heats Up Ahead of Elections; ASPI Inches Closer to 13,000 Points

The Colombo Stock Exchange (CSE) saw a surge in activity yesterday, revving up ahead of tomorrow’s Parliamentary Election, with the benchmark ASPI briefly touching the 13,000-point mark and turnover crossing Rs. 4 billion. By midday, the ASPI surpassed 13,000 points, but closed the day at 12,988 points, up 0.9%. The active S&P SL20 also gained

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Stock Market

CSE ASPI Ranks as Second Best Performing Equity Index in Asia

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

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Stock Market

Colombo Stock Market Closes Higher as JKH Drives Net Foreign Buying

The Colombo Stock Exchange (CSE) saw a modest positive close yesterday, supported by a late-day rally in an otherwise volatile session. The benchmark All Share Price Index (ASPI) increased by 12 points, while the more active S&P SL20 rose by 7 points. Total turnover reached Rs. 1.6 billion, involving the trading of 61 million shares.

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Stock Market

ASPI Surges Past 12,000 Mark at Colombo Stock Exchange

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) reached a significant milestone last week, crossing the 12,000 mark for the first time since July 3. The ASPI increased by 123.50 points, closing at 12,053.49. Additionally, the market turnover for the day was recorded at Rs. 2.8 billion, highlighting positive activity in

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Stock Market

PickMe Shares Start Trading on CSE Amid High Demand

Shares of Digital Mobility Solutions Lanka Ltd, trading under the code PKME-N-0000, officially commenced on the Colombo Stock Exchange (CSE) on October 3, 2024, highlighted by a special Bell Ringing Ceremony. The company’s shares are now listed on the Main Board of the CSE in the ‘Passenger Ground Transportation’ sector. The Offer for Sale, comprising

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Stock Market

Colombo Stock Market Surges to 14-Month High with Record Single-Day Gain

The Colombo stock market reached new heights yesterday as investor confidence soared under the newly elected President Anura Kumara Dissanayake. The benchmark All Share Price Index (ASPI) skyrocketed by 326 points, marking its highest single-day gain in 14 months, a 2.87% increase to a two-month high. Over the past seven sessions, the ASPI has gained

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Stock Market

Colombo Stock Market Sees Highest Daily Gain in 2024 Amid AKD Optimism

In a significant display of investor confidence following the election of President Anura Kumara Dissanayake, the Colombo stock market surged to record its largest daily gain in 2024. The All Share Price Index (ASPI) leapt by 237.31 points (2.14%), and the S&P SL20 followed with a 75-point increase (2.36%). Turnover hit Rs. 2 billion, involving

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Stock Market

Sri Lanka Stocks Rebound After Presidential Election, ASPI Gains 0.74%

The Colombo Stock Exchange began to recover after opening lower following Sri Lanka’s presidential election over the weekend. The All Share Price Index (ASPI) rose by 81.21 points, or 0.74%, reaching 11,047, while the S&P SL20 increased by 1.43%, or 44.27 points, to 3,146, with a turnover of 682 million. Stockbrokers indicated that it’s too

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