*First Capital Research | Daily Equity Watch | 10 Feb 2025* *"Eyes on the budget: CSE shifts into ‘wait and see’ mode”* Trading activity at the Colombo Stock Exchange showed a subdued performance today, with the market experiencing a mix of early optimism followed by persistent volatility and a general downward trend as the session wore on. The ASPI closed in the red at 16,566, marking a decline of 168 points and ending the positive two-day streak. CINS, LOLC, and JKH were the main negative contributors, exerting downward pressure on the index. On the flip side, SAMP, GUAR, and VONE helped prop up the market as the top positive contributors. Notably, the number of negative contributors was nearly three times that of the positive ones. Turnover remained relatively low, amounting to LKR 2.1Bn. While this was slightly higher than the previous session, it still fell below the monthly average of LKR 5.9Bn. In terms of sectoral turnover contributions, the Banking sector led with a 29% share, followed closely by the combined contributions of the Capital Goods, and Food, Beverage & Tobacco sectors, which accounted for 33% of total turnover. *-First Capital Research-*