Sri Lanka, April 8 -- The Colombo Stock Exchange (CSE) staged a dramatic rebound on Thursday, with the All-Share Price Index (ASPI) soaring 467.26 points, or 3.19 percent, to close at 15,127.71, decisively breaching the critical 15,000 psychological barrier. The bullish momentum marked a sharp reversal from recent volatility, fueled by renewed investor confidence in Sri Lanka's efforts to mitigate the impact of recently imposed U.S. tariffs and broader optimism across Asian markets.

The rally was partly buoyed by gains in major Asian markets, including Japan's Nikkei 225, which jumped 6.01 percent, and India's Nifty 50, up 1.60 percent. However, Singapore's STIL Index bucked the trend, declining 2.01 percent. Locally, the market recover...