CSE marks third successive monthly loss in April

Friday, 2 May 2025 01:08 - - {{hitsCtrl.values.hits}}

The Colombo stock market has suffered its third consecutive month of losses though lowest, reinforcing the struggle by the second-best performer in Asia last year.

The biggest loser in April was the active S&P SL20, which fell by 2%, whilst the benchmark ASPI was almost flat. However, the outcome was better than the 4% decline suffered by the indices in March.

Year-to-date, the S&P SL20 is down by 4.5%, whilst the ASPI is down by 1%.

Daily turnover in April averaged Rs. 2.54 billion, marginally higher than Rs. 2.12 billion in March.

With 50% return in 2024, Sri Lanka was the second-best performing market after Pakistan among frontier markets.