The All Share Price Index (ASPI), the primary index of the Colombo Stock Exchange (CSE) tracking the price movements of all shares listed on the exchange, has remained in double digit year-to-date (YTD) returns territory for 25 consecutive market days, over a period of 5 weeks since January 15, 2021.
YTD return indicates the quantity of profit (or loss) realized by an investment since the first trading day of a calendar year. YTD calculations are frequently used by investors to measure the performance of a stock market, the CSE said in a media release on Monday.
At the end of trading on February 22, the ASPI recorded 12.15% YTD returns. The strong performance of the ASPI in 2021 has also frequently placed the ASPI among the best performing primary indices in the world. The S&P SL 20 Index, which includes the 20 largest and most liquid stocks has also indicated double-digit YTD returns over the same period, and at present indicates YTD returns of 14.85%. The ASPI and S&P SL 20 closed trading on Monday on 7,597.51 and 3,029.79 respectively.
The ASPI recorded its highest YTD growth of 30.08% on January 27, while the S&P SL 20 Index recorded its highest YTD growth of 33.21% on January 29.
“The stock market has attracted a record-breaking level of trading activity and interest during the first two months of 2021. The daily average turnover figure, which averages the total turnover figure recorded over a particular year over the number of market days, is presently at Rs. 8.3 billion, 6.3 times more than the Rs. 1.3 billion recorded at the same point in 2020 in terms of the number of market days,” the statement said.
The total turnover of Rs.275 billion recorded so far this year is already higher than the full-year figures recorded in 2012, 2013, 2015, 2016, 2017, 2018 and 2019.
You can share this post!
Content
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
Leave Comments