CSE suffers first dip in 7 months in February

Tuesday, 4 March 2025 03:36 - - {{hitsCtrl.values.hits}}

The Colombo stock market ended February with the first loss in seven months.

The benchmark ASPI was down by 3.8% and the active S&P SL20 by 3.6%. It was the monthly first dip since July last year.

Thanks to an impressive start in January, the market remained positive year-to-date (YTD) with the ASPI up by 3.35% and the S&P SL20 by 1.42%.

However the CSE began the new month of March negatively with ASPI down by 1.9% and the S&P SL20 b 2.11% suggesting the latter’s YTD performance is negative.

Average daily turnover in February decreased to Rs. 3.43 billion as against Rs. 7 billion in January.

The market also saw a net foreign outflow of Rs. 2.5 billion lower in comparison to Rs. 6.4 billion outflow in January.