Srilanka, April 18 -- The Colombo bourse witnessed a volatile trading session with the ASPI sharply declining in the early hours followed by gradual recovery.
The ASPI remained broadly flat, reporting a 9-point drop, closing at 15,617. Investor participation remained subdued, mirroring the previous session, amid seasonal activity, with both retail and HNW segments showing limited engagement.
SAMP, HNB, DFCC, MELS and LOLC emerged as the top negative contributors to the index. Specific counters within the Diversified Financials sector, including COCR and CFIN, attracted notable positive sentiment. Following the announcement of VAT exemptions on dairy products, investor focus pivoted to LMF and CCS, driving renewed momentum in both counters...