Sri Lankan equities finished higher on Tuesday, breaking a run of six consecutive sessions of losses as multiple sectors participated in the uptick.
The CSE All-Share index closed up 0.67% at 21,547.17. That result represents the market's first positive session in seven trading days, coming after a cumulative 4.4% decline over the prior six sessions.
At the stock level, Agalawatte Plantations (CSE:AGAL) and Colombo Fort Investments (CSE:CFI) were among the strongest performers on the index, rising 4.3% and 3.3%, respectively.
Trading activity, however, was lighter than the previous session. Volume on the index fell to 73 million shares from 88.1 million, while equity market turnover dropped to 2.16 billion Sri Lankan rupees, compared with 2.61 billion rupees recorded the day before, according to exchange data.
Market participants saw a broad-based improvement in prices across several sectors, reversing a near-week-long stretch of selling that had reduced the index by 4.4% over six sessions. The bounce on Tuesday halted that sequence, producing a modest recovery in headline levels.
Despite the gain in index level, the day’s decline in both share volume and total turnover indicates a lower level of trading activity versus the prior session. The most pronounced moves among individual names included the double-digit leaders on the CSE All-Share group's list of advancers, with Agalawatte Plantations and Colombo Fort Investments recording the largest percentage increases called out in exchange reporting.
Exchange-supplied figures show the market’s measured advance on Tuesday was accompanied by reduced liquidity metrics relative to the previous trading day, while index breadth widened enough to register the first rise after a multi-session slump.
Market snapshot
- CSE All-Share: +0.67% to 21,547.17
- Recent trend: First gain in seven sessions after a 4.4% decline over the prior six days
- Top movers: Agalawatte Plantations (AGAL) +4.3%; Colombo Fort Investments (CFI) +3.3%
- Volume: 73 million shares (down from 88.1 million)
- Turnover: 2.16 billion rupees (down from 2.61 billion)