CSE up 2.28% during week, crosses 23,000 points for first time since Feb

Saturday, 9 May 2026 02:40 - - {{hitsCtrl.values.hits}}

Weekly ASPI movement (Source: CSE)

The Colombo stock market yesterday closed on the up for the third straight session with the benchmark index crossing 23,000 points for the first time since 27 February 2026.

During the week, the ASPI gained 2.28% or 514.45 points while the active S&P SL20 Index was up 1.8% or 111.68 points.

Yesterday, the ASPI closed up 0.29% or 66.12 points at 23,063.98 and the S&P SL20 was up 0.43% or 26.98 points at 6,319.24.

Turnover was nearly Rs. 4.1 billion on over 273.7 million shares traded. Foreign investors were net buyers on a net inflow of Rs. 26.2 million.

First Capital Research said the market witnessed a volatile trading session as early profit taking weighed on sentiment amid the re-escalation of Middle East tensions, mirroring the weakness noted across global markets.

Top positive contributors to the index included CINS, HAYL, DOCK, DIAL and HNB. Retail investor participation remained elevated, whilst HNW investor activity also witnessed an improvement.

The capital goods sector led the daily turnover with a share of 23%, followed by the diversified financials, and banking sectors collectively contributing 33%.