Sri Lanka’s Colombo Stock Exchange (CSE) continued its downward trajectory on Wednesday, with the benchmark All Share Price Index (ASPI) falling 0.63% by midday trading.
The index shed 138.86 points, marking the fifth consecutive session of losses and extending a broader period of selling pressure that has weighed on local equities throughout the week.
The latest decline follows a string of negative sessions, including a 0.17% drop on Tuesday and a 0.19% fall on Friday, when the index closed at 22,178.73.
The persistent downtrend suggests that investor sentiment remains fragile, with limited buying interest emerging to counter the steady outflows.
Market participants are closely monitoring whether the selling pressure will intensify in the afternoon session or if support levels will hold.
The prolonged slide in the ASPI reflects broader uncertainties surrounding Sri Lanka’s economic recovery and market liquidity.