The Colombo Bourse witnessed a mixed session as investor sentiment remained subdued amid the uncertain geopolitical backdrop, coupled with a moderation in earnings noted in the interim results for the last quarter.  The ASPI moved through a volatile trading session and ultimately closed in the red, declining by 21 points to settle at 22,900.

The S&P SL20 followed a similar trajectory, closing at 6,267 after shedding a marginal 2 points,” First Capital Research said.

The top negative contributors to the index were DIAL, HHL, HNB, LOLC and DOCK. Both retail and HNW activity remained muted, resulting in a low turnover of LKR 2.6Bn, which stood 32.5% below the monthly average of LKR 3.9Bn.

The Capital Goods sector emerged as the top contributor to today’s turnover, accounting for 36%, followed by the Materials, and Banking sectors, which jointly contributed 27%.

Foreign investors remained net sellers, posting a net outflow of LKR 116.0Mn.

RHL dominated the overall turnover with LKR 284.8Mn (10.9%) followed by ACL with LKR 218.5Mn (8.4%) worth of shares being traded during the session. In terms of volume, ASPH saw 59.3Mn shares being traded (32.8%), whereas SEMB accounted for 15.0Mn shares (8.3%). Overall market volume increased by 27.0% to 180.9Mn.

Foreign investors remained net sellers, posting a net outflow of LKR 116.0Mn. DIAL, JKH and CTC recorded the highest foreign outflows while the largest foreign inflows were attracted by ACL, CIC and SEYB.