Colombo: Sri Lanka’s All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) has crossed the significant 13,000 mark, according to data released on Wednesday. This milestone marks the first time the index has reached such a level since January 31, 2022, as reported by the country’s financial press.
According to Namibia Press Agency, the ASPI saw an increase of 136.20 points, closing at 13,125.19. The total turnover for the day was recorded at 6.98 billion rupees, equivalent to 23.9 million U.S. dollars. Additionally, the S and P SL20 index, which tracks the performance of 20 leading publicly traded companies on the Colombo Stock Exchange, rose by 51.09 points to reach 3,938.25 points.
The ASPI serves as a barometer for the overall market movements, while the S and P SL20 provides insights into the performance of the top 20 companies. This latest achievement reflects a positive trend in Sri Lanka’s stock market, suggesting a potential boost in investor confidence and economic activity.