https://www.dailynews.lk/2024/09/28/local/639113/aspi-gains-7-4-week-on-week/
September 28, 2024 1:00 am
Broad market volatility continued for the second consecutive day, amid month-end profit-taking and increased investor participation.
First Capital says that the ASPI experienced a downturn in the first hour of trading as month-end selling pressure emerged. However, the index recovered gradually during the day and closed the day at 11,774 gaining 102 for the 9th consecutive day amidst the declining interest rates for government securities. Consumer services sector counters gained revitalized interest on the back of resumed online visa applications for the tourists.
The Capital Goods sector solely contributed 36% to the overall turnover whilst the Banks and Materials sectors jointly contributed 34% to the total turnover.
September 28, 2024 1:00 am
Broad market volatility continued for the second consecutive day, amid month-end profit-taking and increased investor participation.
First Capital says that the ASPI experienced a downturn in the first hour of trading as month-end selling pressure emerged. However, the index recovered gradually during the day and closed the day at 11,774 gaining 102 for the 9th consecutive day amidst the declining interest rates for government securities. Consumer services sector counters gained revitalized interest on the back of resumed online visa applications for the tourists.
The Capital Goods sector solely contributed 36% to the overall turnover whilst the Banks and Materials sectors jointly contributed 34% to the total turnover.
