The Colombo Stock Exchange witnessed a sharp drop in its indices today, reflecting a continued downward trend in market performance.
By the close of trading, the All Share Price Index (ASPI) had fallen by 170.82 points, settling at 15,878.82 points. Similarly, the S&P SL20 Index, which tracks the performance of the top 20 companies, dropped by 53.63 points, ending the day at 4,806.63 points.
The day’s total turnover was recorded at Rs. 8.5 billion, indicating moderate trading activity amid declining market sentiment.
This significant drop comes amidst ongoing concerns over market stability, with analysts closely monitoring both domestic economic indicators and global market trends to gauge the future trajectory of the Colombo Stock Exchange.
