Sri Lanka’s stock market experienced a decline on Friday, despite a notable increase in trading activity, with turnover exceeding the Rs. 7 billion mark. At the close of trading on the Colombo Stock Exchange, the All Share Price Index (ASPI) fell by 47.17 points to 23,734.06. Similarly, the S&P SL20 Index decreased by 74.20 points, settling at 6,635.97, indicating widespread weakness in large-cap stocks.
The market turnover was a significant Rs. 7.01 billion, representing one of the highest daily totals observed in recent sessions. Renuka Agri Foods PLC played a key role, contributing Rs. 1.14 billion in on-board trades.
Market activity was predominantly driven by domestic participants, with local purchases reaching Rs. 6.84 billion and local sales amounting to Rs. 6.48 billion. In contrast, foreign investors registered purchases of Rs. 164 million and sales of Rs. 528 million, culminating in a net foreign outflow for the session.
