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.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.