The Colombo Stock Exchange extended its bullish momentum into 2025, building on a remarkable 50% surge in 2024, driven by Sri Lanka’s strong macroeconomic progress. The successful completion of ISB restructuring and sovereign rating upgrades by Fitch Ratings and Moody’s bolstered investor confidence, attracting fresh capital into equities. Additionally, declining interest rates and robust forward earnings expectations kept equities appealing to investors. As a result, the ASPI closed at 17,122.73 points, up 7.4% MoM, while the more liquid S&P SL20 gained 5.2% MoM to close at 5,114.35.