CSE sees strong rebound, on the up for second straight session

Thursday, 29 October 2026 05:21 - - {{hitsCtrl.values.hits}}

The Colombo stocks market yesterday ended on the up, extending a recovery into a second session on improving investor sentiment.

The ASPI was up a strong 1.41% or 277.55 points at 19,970.22 and the S&P SL20 gained 1.43% or 80.26 points to 5,692.57. Turnover was nearly Rs. 2.2 billion on over 67.4 million shares traded with foreign investors emerging as net sellers on a net outflow of Rs. 894.3 million.

With 151 counters ending on the up against 53 that ended in red, the top contributors to the ASPI’s gain were COMB, DIAL, HNB, HHL and CIC.

First Capital Research said the bourse traded in positive territory supported by improved investor sentiment and stronger market participation. The positive momentum may have been influenced by development surrounding the conclusion of the Israeli elections. The telecommunication sector led the daily turnover with a share of 39%, followed by the food beverage and tobacco, and materials sectors collectively contributing 27%.