CSE ends week on new high, less than 50 points from 24,000 mark

Saturday, 24 January 2026 04:47 - - {{hitsCtrl.values.hits}}

The Colombo stock market ended the week on a new year high with the benchmark index 43.49 points away from the 24,000 milestone.

The ASPI closed yesterday 0.60% on the up, gaining 142.74 points to 23,956.51 and the active S&P SL20 ended 0.48% or 31.65 points on the up at 6,649.50.

Market turnover was over Rs.10.5 billion on nearly 256 million shares traded. Foreign investors were net sellers on a net outflow of Rs 82.1 million.

First Capital Research said the bourse showed a positive sentiment on the back of heightened participation from both HNW and retail investors, bringing the indices to new all-time high levels.

Top positive contributors to the ASPI were LOLC, DOCK, COMB, BIL and MELS. Daily turnover was an increase of 83.1%, over the monthly average of Rs. 5.7 billion, showcasing the positive sentiment of the overall market.

The capital goods sector led the daily turnover with a share of 39%, followed by the diversified financials, and real estate management and development sectors collectively contributing 26%.

Week-on-week, CT Smith Stockbrokers said the ASPI increased by 224.9 points and the S&P SL20 gained 89.4 points. The market witnessed a net foreign outflow of Rs. 1,066.7 million against an outflow of Rs.1.66 billion the previous week, and average daily turnover increased to Rs.7.7 billion, up 27.5%.