Monday, June 16, 2025

Stocks close on negative note as Iran-Israel strikes escalate

by malinga
June 15, 2025 1:00 am 0 comment 34 views

The Colombo Stock Exchange closed Friday on a negative note, following a major military strike launched by Israel on multiple military and nuclear sites across Iran.

This geopolitical escalation led to heightened investor caution, contributing to a broad-based decline in the market throughout the trading session.

The All Share Price Index (ASPI) recorded a significant drop of 234.37 points, or 1.33%, closing at 17,427.08. Similarly, the S&P SL20 Index declined by 83.15 points, or 1.58%, to close at 5,191.86.

Total market turnover amounted to Rs. 3.98 billion, with 164.776 million shares traded. Market breadth reflected a negative sentiment, with 44 gainers and 173 losers contributing to the overall movement of the ASPI.

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