The Colombo Stock Exchange (CSE) showed positive sentiments following the Exchange notching a record daily turnover again this year.
The market turnover of Rs. 10.8 billion recorded on Monday (23) was the highest since Rs. 23.8 billion recorded on February 1 this year. The CSE All Share Price Index (ASPI) reached an all-time high on Thursday (26) to close at 8,920.71 points surpassing the previous record of 8,812.01 points on January 27. The turnover for the day was Rs. 10.49 billion.
Stock brokers were positive about the performance amid the current local and global conditions.
Mahesh Udugampala of Softlogic Stockbrokers (Pvt) Ltd. said the achievement in the daily turnover will give a fresh boost to the market.
The CSE recorded a higher daily turnover in January this year due to the market boom. The market recorded the best quarter ending in June this year.
“The June quarter, which is generally a slow quarter, was the best overall second quarter this year,” Udugampala said.
The All Share Price Index of the CSE recorded a significant increase on Monday last week rising by 239.59 points to 8,479.65.
The S&P Sri Lanka Twenty Index rose to 3148.16, rising by 96.52 points.
Over 398 million shares were traded with a turnover exceeding Rs. 10 billion.