CSE Sees Major Decline: ASPI Drops by 712.90 Points
Aruna Shantha
07-Apr-2025 16:05:34
The Colombo Stock Exchange (CSE) experienced a significant downturn today, with the All Share Price Index (ASPI) falling by 712.90 points, or 4.64%, to close at 14,660.45. Meanwhile, the S&P SL20 also saw a substantial drop, shedding 264.57 points, a 5.84% decline, bringing it to a close at 4,268.78.
Market turnover reached Rs. 6.4 billion, reflecting investor caution amidst the sharp declines. Analysts suggest that the market's dip may have been driven by various factors, including ongoing economic concerns and investor sentiment.
The sell-off across sectors and the sharp pullback in blue-chip stocks were the primary contributors to today's downturn. Investors are closely monitoring the situation, with hopes for stabilization in the coming sessions.
As the market continues to fluctuate, market participants are advised to stay informed and consider strategic investment decisions.
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