Sri Lanka, May 20 -- The Colombo Stock Exchange (CSE) closed on a negative note, reversing its recent upward momentum. The downturn was attributed to low investor activity during the day.

The All Share Price Index (ASPI) continued its negative momentum throughout the session, ultimately declining 61.43 points (-0.37 percent) to close at 16,336.25. Similarly, the S&P SL20 index declined by 23.85 points (-0.49 percent) to end the session at 4,811.19.

Total market turnover amounted to Rs 1.51 billion, with 58.406 million shares traded. Market breadth reflected a negative sentiment, with 55 gainers and 127 losers contributing to the overall movement of the ASPI.

Cargills (Ceylon) PLC (CARG.N) emerged as the top contributor to the ASPI, ad...