Sri Lanka, May 5 -- The Colombo Stock Exchange (CSE) continued its upward trajectory for the fourth consecutive week, supported by improved turnover and investor optimism fuelled by a favourable macroeconomic environment. The trading week was shortened to four sessions due to May Day celebrations.
Despite the reduced number of trading days, the market delivered strong returns alongside higher turnover and elevated volatility compared to the previous week. The All Share Price Index (ASPI) closed at 15,851.74, marking a 109.70-point or 0.70 percent gain.
Meanwhile, the S&P SL20 Index posted a modest increase of 5.78 points to close at 4,638.29, up 0.12 percent. The ASPI's return above the 15,800 mark is significant, marking a re-entry into...