November 11, Colombo (LNW): Sri Lanka’s stock market achieved a significant milestone yesterday (10) when the All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) surged past the 23,500 mark for the first time in its history.
At approximately 9:40 a.m., the ASPI peaked at 23,563 points, reflecting strong early trading momentum. Although the index slightly eased by the end of the session, it still closed at an impressive 23,502.59 points — a record finish for the local bourse.
Daily turnover stood at Rs. 7.5 billion, underscoring heightened investor participation and renewed confidence in the market.
Analysts noted that improved corporate earnings, stabilising macroeconomic conditions, and growing foreign interest have contributed to the positive sentiment driving the rally.
Market observers suggest that the breakthrough reflects a broader recovery in investor outlook, signalling optimism about Sri Lanka’s economic prospects as the nation continues to rebuild post-crisis and attract new capital inflows.
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