
First Capital Trading Insights
February 14, 2025 at 11:30 AM
*First Capital Research | Daily Equity Watch | 14 Feb 2025*
*"ASPI rides the green wave, soaring on buzzing trade”*
Today the Colombo Stock Exchange witnessed further revival as the ASPI concluded in the green alongside improved trading volumes and investor participation. The ASPI stood at 16,937 having secured a jump of 358 points compared to yesterday. Amid some volatility particularly during the early trading hours, the ASPI registered a consistent uptick throughout the day. CINS, MELS, HAYL, CFIN and JKH stood out as the top positive contributors to the ASPI. On the flip side, LION, MGT and MAL emerged as the top negative contributors to the ASPI. Market turnover rose to LKR 4.9Bn from LKR 3.6Bn that was registered yesterday, inching closer to the monthly average of LKR 5.7Bn. The Banking sector dominated turnover contributions with a share of 21%. The Capital Goods segment followed closely alongside the Food, Beverage and Tobacco sector, which collectively accounted for 35% of total turnover.
*-First Capital Research-*