CSE records the highest turnover since May 2008 | Daily News

CSE records the highest turnover since May 2008

Bourse continued its downfall for the second consecutive session recording a turnover of LKR 23.8Bn, its highest turnover since 2008. BIL dominated the turnover for the session with a contribution of 74%. Parcel trades in BIL boosted the turnover for the session amounting to 71%. The index plunged within the first 30 minutes of trading, thereafter, bounced back reaching its intraday high of 8,759.

The market later witnessed a strong downtrend for the rest of the session and closed at 8,567 losing 101 points. Foreigners continued to be on the selling side while recording low participation. Meanwhile, the secondary bond market yield curve remained broadly unchanged while the overall market recorded ultra-thin volumes. In the short end of the yield curve, 15.12.23 maturity changed hands in the range of 5.83%-5.85%.