ASPI edges up 0.20% amid volatile trading session

The All Share Price Index (ASPI) closed higher by 0.20% at 22,612.31 following another volatile trading session. Meanwhile, the S&P SL20 Index gained 0.16% to close at 6,214.56.

The broader ASPI remains marginally below its level at the beginning of the year, while the S&P SL20 is up 0.93% on a year-to-date basis.

Market breadth remained mixed, with 104 gainers and 106 decliners.

The day’s upward movement in the ASPI was mainly driven by Dialog Axiata, Sampath Bank and Carson Cumberbatch. Market turnover stood at Rs. 2.97 billion, well below the year-to-date average daily turnover of Rs. 5.34 billion.

Trading activity was led by Colombo Land and Development, Maharaja Foods and Vidullanka. Sector-wise, Food & Beverage, Capital Goods and Banking dominated overall market activity.