The Colombo Stock Exchange (CSE) has been placed as the second best performing equity index in Asia.
The CSE has secured the second in Asia as of 25 October 2024, with the All Share Price Index (ASPI) boasting an impressive year-to-date return of 29.65% in USD, according to Bloomberg.
This outstanding performance underscores the resilience of Sri Lanka’s capital market and its growing appeal to both local and international investors, with the daily average turnover for the week ended 25 October 2024, standing at Rs. 3.058 billion.Â
Furthermore, the CSE witnessed the last two consecutive trading days (Thursday and Friday) with the daily turnover exceeding Rs. 4.7 billion.
For the same week, the ASPI closed at 12,517.58 points, a single point away from the reigning record for the year.Â
Similarly, the S&P SL20 index, which represents the top 20 largest and most liquid stocks, posted robust gains, and closed at 3,759.30 points.
The CSE thus remains an attractive option for investors, maintaining positive momentum and paving the way for enhanced investment opportunities.
Sri Lanka Embassy in Brussels participated at the European Parliament “Fair Trade Breakfast-2024”, on 13…
etstar Asia yesterday launched its Colombo-Singapore direct route positioning itself as the only low-cost carrier…
Solo travellers are getting older and are increasingly drawn to Asian destinations – with Sri…
The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has…
The Deputy Ministers of the new National People’s Power (NPP) government have been sworn in…
SriLankan Airlines has won the prestigious 2025 APEX Best Entertainment Award in Central/Southern Asia at…