• Mon. Feb 26th, 2024

CSE declining streak extended to 10 session

Once again, the Colombo Bourse closed in the red zone, with the blue-chip and banking counters dragging the index down for its 10th consecutive fall.

The All Share Price Index (ASPI) showed a downward trend throughout yesterday and ended at 10,372 points, with COMB, SAMP and DFCC being the largest negative contributors to the index. LIOC saw an increase in investor interest and was one of the largest positive contributors to the index today.

Turnover was recorded at Rs,979.0 million which is 14% less than the average monthly turnover of Rs.1.1 billion. Today’s turnover was largely contributed by two off-board transactions of WIND which totalled to 25 million shares at a price of Rs.19.7 per share contributing to 50% of the total market turnover. Foreign investors remained net sellers, with YTD net foreign outflow increasing surpassing Rs.1.5 billion.

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