CSE closes on the up, extends post-Budget rally to third session

Thursday, 13 November 2025 00:06 - - {{hitsCtrl.values.hits}}

The Colombo stock market extended its post-Budget rally into a third day yesterday on renewed interest on banking stocks.

The benchmark ASPI closed 0.33% higher, up 77.54 points to 23,659.70 while the S&P SL20 closed up 0.44%, gaining 29 points to 6,557.60.

Turnover was over Rs. 7.23 billion on nearly 191 million shares traded.

First Capital Research said renewed investor interest was seen across low and mid-tier banking counters, while retail participation remained moderate amid continued strong HNW interest.

RICH, JKH, SFCL, VONE, and SPEN were among the key positive contributors to the index.

The Capital Goods sector led market activity, accounting for 26% of total turnover, followed by the Banking and Retailing sectors, which jointly contributed 31%. Meanwhile, foreign investors turned net sellers, posting a net outflow of Rs. 57.7 million for the session.