*First Capital Research | Daily Equity Watch | 03 June 2025* *"ASPI hits a record high on banking sector strength and robust investor sentiment"* The Colombo Stock Exchange continued its upward trajectory, with the ASPI advancing 235 points to close at a record high of 17,214. The market opened on a strong note and maintained its momentum throughout the session, ending solidly in positive territory. For the second consecutive day, gains were primarily driven by leading Banking sector stocks COMB, SAMP, DFCC, and HNB, with additional support from CFIN. Investor sentiment remained broadly positive, driven by heightened retail participation and increased interest from HNW investors in HNB and SEYB. Market turnover surged to LKR 7.4Bn, a 72% increase over the monthly average of LKR 4.3Bn. The Banking sector led turnover contributions at 26%, followed by the Capital Goods and Diversified Financials sectors, which together accounted for 34%. Despite the positive domestic sentiment, foreign investors remained cautious, registering a net outflow of LKR 273.6Mn for the session. *-First Capital Research-*