Colombo stock market hits record high - ASPI crosses 14,000

Thursday, 12 December 2024 - 19:57

Colombo+stock+market+hits+record+high+-+ASPI+crosses+14%2C000
The All Share Price Index (ASPI) of the Colombo Stock Exchange reached a historic milestone today (12), closing above 14,000 points for the first time ever.

The ASPI gained 150.72 points (1.09%) to close at 14,035.81, while the S&P SL20 rose 43.17 points (1.04%) to end at 4,186.46.

Price gains in counters such as Ceylon Beverage Holdings, Hatton National Bank, and Sampath Bank contributed to the rise, with total turnover surpassing Rs. 7.3 billion.

Significant activity was observed among high-net-worth and institutional investors in Alumex, John Keells Holdings, and Asiri Hospital Holdings. Mixed interest was seen in Lanka Milk Foods, Digital Mobility Solutions Lanka, and Sampath Bank, while retail investors focused on HNB Finance, Lanka Credit and Business Finance, and Hela Apparel Holdings.

Foreign participation remained low but ended with net foreign buying.

This surge follows the ASPI’s crossing of the 13,000-point mark on November 13, its first since January 2022.


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