CSE opens week in green on rising investor optimism

Wednesday, 8 October 2025 00:00 - - {{hitsCtrl.values.hits}}

Colombo stock market yesterday extended its rally into a 15th session, opening the four-day week in green on improving investor optimism.

The ASPI closed 0.31% up yesterday, gaining 68.34 points to 22,163.23 while the active S&P SL20 gained 0.07% to close up 4.03 points to 6,191.54. Turnover was Rs. 7.95 billion on more than 247 million shares traded.

Foreign investors were net sellers with a net outflow of Rs. 223.3 million, up from a Rs. 149 million outflow on Friday with the market closed on Monday for Poya.

First Capital Research said continuing the bullish leap of the previous week, the Colombo Stock Exchange demonstrated an upward momentum, driven by rising investor optimism. Banking sector counters, coupled with blue-chip companies exerted a positive pressure on the ASPI, which closed the day at 22,163, after registering a gain of 68 points.

LION, SPEN, MELS, BREW and SAMP were the top positive contributors to the index. While both retail and HNW participation remained elevated during the day, turnover stood at Rs. 8 billion, reflecting an increase of 16% compared to the monthly average that stands at around Rs. 6.9 billion.

Banking sector took the lead in terms of sector wise contributions to turnover, with a share of 24%, followed by Capital Goods sector and Diversified Financials sector, which produced a combined contribution of 27%. Foreign investors remained net sellers, recording a net outflow of Rs. 223.3 million.