Sri Lanka, May 19 -- The Colombo Stock Exchange (CSE) continued its bullish momentum, recording substantial volumes and turnover as the market closed above the 16,300 mark. The rally was primarily driven by positive developments in global trade relations-most notably, a deal between the United States and China on tariff restructuring, along with a new tariff agreement between the US and the UK. These agreements bolstered investor sentiment across global equity markets and are expected to ease long-standing trade disruptions.

The market closed on a strong note, posting a turnover of Rs 11.03 billion with a share volume of 457 million. The All Share Price Index (ASPI) gained 463.22 points, or 2.91 percent, to close at 16,379.39. Meanwhile...