The Colombo Stock Exchange (CSE) recorded two significant milestones yesterday, January 13, with the market capitalization reaching an all-time high value of Rs. 3.25 trillion and recording 52,559 trades which is the highest number of trades recorded within a market day. The number of trades carried out yesterday surpassed the previous record of 49,921 carried out on 18 August 2011.
CSE indices and overall market activity continued its upward momentum with both indices showcasing gains and the turnover figure crossing Rs. 9 Billion recording a daily average turnover of Rs. 7.4 Billion, eight trading days into 2021.
The Benchmark All Share Price Index (ASPI) gained 160.99 points closing the day on 7,443.23 which is the highest recorded since 21 August 2015, showcasing a gain of 75% since falling to its lowest point in a decade on 12th May 2020.
The S&P SL20 index, which includes the 20 largest and most liquid stocks, also increased by 39 points to close on 2,782.17.
Colombo Stock Exchange (CSE):
The Colombo Stock Exchange (CSE) operates the only stock market in Sri Lanka and is responsible for providing a transparent and regulated environment where companies and investors can come together.
The CSE is a company that is limited by guarantee established under the Laws of Sri Lanka. The CSE is licensed by the Securities and Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15 Members and 15 Trading Members.
All Members and Trading Members are licensed by the SEC to operate as Stockbrokers. For more information, please visit: www.cse.lk.