The Colombo Bourse depicted a slightly volatile trading session during the first half, before steadily moving upward during the latter part of the day. Cautious investor activity was observed ahead of the upcoming national budget, with traders closely monitoring fiscal developments and corporate earnings.


However, the ASPI closed in positive territory, inching up to 22,928, up by 123 points, the highest level in history, marking a significant milestone for the market.


'Although retail participation was modest, higher HNW investor activity continued to drive the rally', First Capital Research said.


HNW investors were particularly keen on PKME, following strong results for the September 2025 quarter and a positive outlook for the share.


Key positive contributors to the index included SFCL, BUKI, JKH, COMB, and DIAL. Market turnover amounted to LKR 5.7 billion, reflecting a 23% decline compared to the monthly average of LKR 7.5 billion.


The Capital Goods sector led total turnover, contributing 27%, followed by the Transportation and Materials sectors, which collectively accounted for another 27%. Meanwhile, foreign investors remained net sellers, recording a net outflow of LKR 654.5 million for the day.