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Written by • 10:38 pm• Business, Current Affairs • Views: 72

Stock Market Extends Losses for Second Day Despite Strong January Performance

The All Share Price Index (ASPI) declined by 88.58 points to close at 23,812.31. Meanwhile, the S&P SL20 Index fell by 14.51 points to finish at 6,641.15.

The Colombo Stock Exchange recorded losses for the second consecutive trading day on Thursday (30), even as the market maintained a strong overall performance for January.

The All Share Price Index (ASPI) declined by 88.58 points to close at 23,812.31.

Meanwhile, the S&P SL20 Index fell by 14.51 points to finish at 6,641.15.

Despite the day’s downturn, market data shows that the ASPI has gained 5.25 percent so far in January 2026, reflecting sustained investor interest during the month.

Market turnover for the day stood at Rs. 9.19 billion, indicating active trading despite the decline in key indices.

Analysts said the monthly performance highlights continued confidence in equities, even as short-term market movements remain volatile.

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Last modified: February 3, 2026