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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Education and Career

Kelani Saviya Enrolls 12th Intake with Rs 1.7 Mn Sponsorship

Kelani Cables PLC has successfully continued its award-winning Kelani Saviya skill development CSR program for the 17th consecutive year, enrolling 70 students for its 12th intake at a recent ceremony held at the University of Peradeniya. The program was launched with a total sponsorship of Rs 1.7 million. The inauguration ceremony took place at the

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Stock Market

Colombo Stock Market Hits Four-Month Low as ASPI Falls

The Colombo stock market’s downturn continued yesterday, with the benchmark ASPI index hitting a four-month low amid subdued trading activity. The ASPI dropped by 0.9% or over 108 points, closing at 11,511, marking its fourth consecutive session in the red. The S&P SL20 Index also fell by 1%, while turnover totaled Rs. 558.6 million across

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Stock Market

Colombo Stock Market Turnover Hits 7-Month Low Amid Investor Caution

The Colombo stock market continued its dismal performance, starting the new week with a fresh low in turnover. The active S&P SL20 index dipped by 0.5%, while the benchmark ASPI declined by 0.1%. Turnover was a mere Rs. 376.7 million involving 112.6 million shares. Asia Securities reported that the indices began the week on a

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Stock Market

CSE Sees Positive Start with Rs. 409 Million Net Foreign Inflow

The Colombo stock market commenced the new week on a positive note, with indices rising and a notable net foreign inflow of over Rs. 400 million. The active S&P SL20 index increased by 0.55% while the benchmark ASPI rose by 0.41%. Turnover reached Rs. 1.56 billion, involving 29.2 million shares. Net foreign buying was led

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Industry Analysis

Foreign Buying Continues Amid Market Declines

Indices closed in the red due to price drops in stocks like Hayleys, Hatton National Bank, and Melstacorp, with the turnover surpassing Rs. 1.5 billion. Notable crossings occurred in Windforce, Sampath Bank, John Keells Holdings, and Alumex, which together accounted for 52.1% of the turnover. There was mixed interest in Hayleys, LVL Energy Fund, and

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