CSE among the top bourses in the world

The All Share Price Index (ASPI) recorded a phenomenal escalation of 90 percent for the whole year and the Milanka Price Index (MPI) followed the same trend to increase to 95 percent. Just after the conclusion of the war, activities at the Colombo stock market escalated by 50 percent according to ASPI said Manager Business Development Colombo Stock Exchange Tushara Jayaratne.

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) created history on Wednesday when the index closed at 2,779.8. This is the highest point reached by the CSE index since May 2007, making it a 28-month high. The highest ever point reached by the ASPI was 3,016.4 on 16th February 2007. The Milanka Price Index (MPI) closed at 3,127.6.

Turnovers of over Rs. 1 billion were generated on September 8 and 9th thereby recording a total turnover of Rs. 73.6 billion for the year to date. A record number of transactions were executed during the day. The 14,437 trades executed on September 9, was the second highest number of trades executed at the CSE on a given market day. The highest of 15,290 trades was recorded on 18th June 2009.

The Colombo bourse has seen a significant growth during the year 2009, with the All Share Price Index (ASPI) recording a gain of 84.9% for the year to date, and the Milanka Price Index (MPI) recording a growth of 91.7%, year to date.

This performance has made the CSE the 4th best performing market worldwide, according to Bloomberg Newswire.