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ASPI Gains Continuously,turnover Tops Rs. 6 Bn

Posted on the 13 December 2024 by Frontpage
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The Colombo Bourse continued its strong bullish momentum, driven by robust participation from both retail and HNW investors. Almost every sector experienced price gains, with investor sentiment particularly focused on the Banking, Food, Beverage and Tobacco, and selected Construction sector counters. Accordingly, the index

gained 170 points and closed the week at 14,205, soaring into new heights. Amidst multiple off-board transactions and increased participation from retail investors, turnover stood at Rs.6.1Bn, marking an increase of 40.3%, from the monthly average.

The Capital Goods sector led the turnover by 25%, followed by the Banking and Food, Beverage and Tobacco sectors jointly contributing 40% of the overall turnover. Foreign investors remained net buyers, with a net inflow of Rs.126.4Mn.


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