Colombo Bourse Turnover Surges Past Monthly Average Even as Index Slips
CSE turnover hit LKR 4.3Bn, 150% above the monthly average, even as the ASPI and S&P SL20 closed marginally lower.
CSE turnover hit LKR 4.3Bn, 150% above the monthly average, even as the ASPI and S&P SL20 closed marginally lower.
ASPI rose on local buying, foreign investors extended selling, and bond yields diverged as short rates eased and long yields climbed.
One counter accounted for 51% of Colombo Stock Exchange turnover and volume in a session where overall trading activity ran above the monthly.
Foreign funds posted a net outflow on the CSE even as the ASPI rose, extending a selling trend that has topped LKR 37.
A small daily foreign inflow on the Colombo Stock Exchange is dwarfed by a LKR 36.2 billion year-to-date foreign outflow trend.
JKH accounted for 32% of Colombo Stock Exchange turnover as Capital Goods stocks dominated trading, raising questions about market breadth.
ASPI edges up as Colombo's bond market braces for a LKR 250 billion Treasury auction, with long-term yields climbing and liquidity rising.
Capital Goods stocks dominate Colombo Bourse trading, with Banking and Food, Beverage & Tobacco adding a further 36% of turnover for the session.
CSE turnover slumps well below the monthly average even as ASPI and S&P SL20 extend gains, with Capital Goods and JKH leading a.
ASPI rises for a third session as CSE turnover falls below monthly average; treasury yields climb at mid-to-long tenors and foreign buying lifts.