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CSE Experiences Decline for Second Consecutive Day

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The Colombo Stock Exchange (CSE) saw a decline for the second consecutive day today (January 6), as the market experiences a slowdown following a historic rally.

 The All Share Price Index (ASPI) fell by 170.82 points, closing at 15,878.60 points, continuing the downtrend observed last Friday (January 3), when the ASPI dropped by 299.13 points. This marked the end of a remarkable 26-day streak of uninterrupted growth.

Despite the recent decline, the market remains resilient, with a strong turnover recorded at Rs. 8.57 billion. The ASPI had recently crossed the 16,000-point threshold, highlighting its strong performance before the recent downturn.

Investors and market analysts will be closely monitoring future movements, with hopes for a potential rebound in the coming days.

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