News Today: Colombo Stock Exchange market performance post ceasefire shows investor confidence and sharp index gains in ASPI and S&P SL20

The Colombo Stock Exchange market performance post ceasefire reflected renewed investor optimism, continuing its upward trend as geopolitical tensions between Iran and Israel began to ease. Following the announcement of a ceasefire, both the All Share Price Index (ASPI) and S&P SL20 Index posted significant gains, boosting market sentiment and activity.

The ASPI surged by 344.42 points (2.00%), closing at 17,535.62, while the S&P SL20 gained 85.11 points (1.66%), ending the day at 5,219.01. The session recorded a robust market turnover of LKR 5.91 billion, with a total 253.430 million shares traded. Market breadth leaned positively, with 173 stocks gaining and only 48 declining.

Hayleys PLC (HAYL.N) emerged as the top contributor to the ASPI, adding 21.93 points, while First Capital Treasuries PLC (FCT.N) was the leading detractor, removing 9.93 points from the index.

The Capital Goods sector led the way in terms of turnover, contributing LKR 1.25 billion, nearly 22% of the day’s total. Crossing transactions contributed LKR 0.513 billion (9%), with the largest crossing observed in LB Finance PLC (LFIN.N), where 775,000 shares traded for a total of LKR 95.325 million.

This performance highlights the CSE’s sensitivity to global developments and showcases the return of investor confidence driven by political stability. As the region moves toward calm, market watchers anticipate continued bullish momentum