Colombo Bourse reports the ‘Lowest Daily Turnover’ in 10 years

January, 4, 2019

Sri Lanka’s Colombo Stock Exchange (CSE) reported the lowest Daily Turnover in the latest history today which was merely a Rs. 68.77 million with little over 3.14 million shares changing hands among traders as at the end of the trading day on 4th January 2018.

This is recorded to be the lowest daily turnover ever reported in the last 10 years history from April 2009 Levels. CSE reported the lowest in recently when the turnover was recorded to be Rs. 64.3 million on 28th April 2009 when it was just 20 days before Sri Lanka’s then government under President Mahinda Rajapaksa ended the 30 year war against terrorism.

This is the second time Colombo Stock Exchange reported the lowest Daily Turnover in the latest history of ‘Good Governance’ era lead by President Maithripala Sirisena and Premier Ranil Wickremesinghe coalition, which was earlier instance reported a Rs. 101.94 million Daily Turnover with little over 7 million shares changing hands among traders as at the end of the trading day on 16th April 2018.That time it was recorded to be the lowest daily turnover ever reported in a 4 year history from April 2014 Levels. CSE reported the lowest in 2014 when the turnover was recorded to be Rs. 90.93 million on 17th March 2014.

Today All Share Price Index (ASPI) rose 0.15%, whilst S&P SL20 Index rose 0.46%.

Reporting by Devendra Francis