CSE ends week on new high

Saturday, 20 September 2025 00:03 - - {{hitsCtrl.values.hits}}

The Colombo stock market closed Friday on a new high, with retail investors continuing to drive momentum that extended the market rally to a fourth session.

The benchmark ASPI gained 2.29% or 472.69 points during the week to close Friday at 21,085.09. The active S&P SL20 gained 2.09% during the week, up 123.04 points to 5,996.16.

Total turnover this week was Rs. 30.2 billion, down from Rs. 37.5 billion a week earlier. Foreigners were net sellers during the week with a net outflow of Rs. 1.3 billion, down from last week’s net outflow of Rs. 2.3 billion.

On Friday, the stock market continued its rally into a fourth session.

The ASPI gained 0.57% during the day, up 119.83 points and the S&P SL20 gained 0.42%, up 24.86 points on more than 377 million shares changing hands during the day for a turnover of Rs. 6.5 billion.

First Capital Research said the Colombo bourse ended the week, hitting a new peak.

Continuing Thursday’s bullish sentiment, the Colombo bourse closed the week in green territory, surpassing 21,000. The ASPI marked a gain of 120 points and closed at 21,085 by the end of the session.

Although the positive momentum was prominent, mild fluctuations were also observed.

JKH, HAYL, SIRA, MELS and SPEN were the top positive contributors to the index. Retail participation predominantly drove the day’s rally, while HNW participation was mainly observed towards Banking sector counters and conglomerates.

Turnover for the day reached Rs. 6.5 billion, reflecting a 14% decline compared to the monthly average that stands at around Rs. 7.5 billion.

In terms of sector-wise contribution to turnover, the Capital Goods sector took the lead with a share of 33%.

Friday’s session portrayed more positive sentiment towards specific construction counters and small-tier finance companies.

Additionally, Diversified Financials sector and Banking sector jointly contributed with 33% to the total turnover. Foreign investors turned net buyers, recording a net inflow of Rs. 58.2 million.