Sri Lanka, Feb. 16 -- The Colombo stock market commenced the week on a bullish note, with both indices closing firmly in positive territory amid improved turnover and sustained investor interest. The upward momentum was largely supported by renewed buying in banking sector counters, as investor confidence strengthened during the ongoing earnings season, providing clearer signals for value-driven positioning.

Market activity was led by the Banking sector, which recorded a turnover of LKR 1.88 Bn with a trading volume of 24.23 Mn shares. SEYB.X emerged as the top contributor within the sector, generating LKR 0.69 Bn in turnover with 9.14 Mn shares changing hands, reflecting strong investor participation.

At the close, the ASPI gained 190...