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Colombo Stock Exchange Sees Strong Trading Momentum with Turnover Approaching Rs. 5 Billion
Trading activity at the Colombo Stock Exchange picked up notably on Thursday, February 26, as turnover neared the Rs. 5 billion mark, reflecting a renewed interest from investors following several quieter sessions.
The All Share Price Index (ASPI) rose 78.13 points, closing at 23,781.23, while the S&P SL20 Index gained 24.90 points, finishing the day at 6,710.17. The broad-based gains highlight positive momentum across a majority of listed stocks, signaling increased confidence in the market.
Overall market turnover for the day reached Rs. 4.91 billion, underscoring the higher level of trading activity compared to recent days.
Breaking down market participation, domestic investors were active, recording purchases worth Rs. 4.66 billion against sales of Rs. 4.85 billion, showing balanced local engagement. Meanwhile, foreign investors contributed to a net inflow, purchasing stocks valued at Rs. 249 million while selling Rs. 55 million. This net foreign buying demonstrates continued international interest in Sri Lanka’s equities and provides additional support to market sentiment.
The uptick in trading activity, coupled with broad gains across key indices, indicates that both domestic and foreign investors are showing confidence in the local equity market, contributing to a healthier and more vibrant trading environment at the Colombo Stock Exchange.
