Info Sri Lanka : English

CSE suffers biggest one-day drop in history: ASPI drops by 462.99 points

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) today (05) recorded the highest drop in a single day in history after the island nation reported the first case of Covid-19 community infection in several months.

Sri Lanka’s only Capital Market All Share Price Index (ASPI) crashed down by 8.21% or 496.50 points to close at 5,553.6. Meanwhile, the S&P SL20 dropped by 7.26% or 178.24 points, closing at 2,276.19.

Earlier, the highest drop was recorded on 20 March 2020, when the ASPI dropped by 303.10 points.

Today the Colombo Stock Exchange halted trading twice for 30 minutes each after it’s blue-chip index first dropped 5% and then 7.5% from its previous closing level. The total turnover for the day was marked at Rs. 3.9 million.

During the month of September, the benchmark all share price index (ASPI) of the Colombo Stock Exchange (CSE) recorded significant gains outperforming all other main indexes around the globe. The ASPI gained 12% in September and in value terms by Rs. 279.6 billion.

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