ECONOMYNEXT \u2013 The Colombo Stock Exchange\u2019s (CSE) All Share Price Index continued its losing streak for a fourth session due to profit taking in the market, brokers said.<\/p>\n
\u201cIn the morning market went up about 120 points. Then it came down,\u201d Ranjan Ranatunga, Assistant Vice President \u2013 Research at First Capital said.<\/p>\n
Ranatunga said, in response to a query, that it is normal to see a bit of volatility following the budget presentation and this volatility might continue in the following days.<\/p>\n
\u201cProfit taking is the main sentiment causing selling pressure.\u201d<\/p>\n
The All Share Price Index (ASPI) dipped 0.74 percent, or 172.02 points, from Monday to 23,051.66. The index was dragged down by diversified financials, diversified conglomerates and banking shares.<\/p>\n
Meanwhile, the more liquid S&P SL20 index closed 0.52 percent, or 33.46 points lower, at 6,376.54.<\/p>\n
\u201cBanks and diversified financials brought the market down,\u201d Ranatunga said.<\/p>\n
Top negative contributors to the ASPI were Senkadagala Finance (down 105.25 rupees at 1,194.75), HNB (down 4.50 rupees at 412.25), Richard Pieris & Company (down 1.40 rupees at 42.20 rupees), DFCC Bank (down 3 rupees at 163.50), and Dialog Axiata (down 60 cents at 30.40 rupees).<\/p>\n
\u201cTurnover was substantially lower than the monthly average of 6.8 billion,\u201d he said.<\/p>\n
Market turnover continued its fall from 4.45 billion rupees to 4.43 billion, while the share volume was 137,811,901.<\/p>\n
September quarter profits at Sri Lanka\u2019s Teejay and Ceylon Electricity Board (CEB) have plunged.<\/p>\n
Read more<\/strong><\/p>\n In Asia, several equity markets fell on Tuesday.<\/p>\n Japan\u2019s Nikkei 225 index continued its fall to a seven month low, Japan\u2019s The Mainichi newspaper said.<\/p>\n \u201cTokyo stocks dropped Tuesday, with the benchmark Nikkei index falling more than 3 percent, led by a plunge in tech issues and growing uncertainty over the U.S. economy, while concerns over Japan\u2019s fiscal health spurred a selloff in the yen and government bonds.\u201d<\/p>\n The index fell 3.22 percent to 48,702.98.<\/p>\n Pakistan\u2019s KSE 100 index was trading 0.43 percent lower at 160,987.80.<\/p>\n India\u2019s Nifty 50 index moved 0.40 percent lower to close at 25,910.05, while the BSE Sensex moved 0.33 percent down to 84,673.02. (Colombo\/Nov18\/2025)<\/p>\n