In November, the Colombo Bourse continued its positive trend from October. Despite the general election, investor participation remained high. This led to the ASPI breaking the 13,000 mark on November 13, 2024, for the first time since January 31, 2022. Despite occasional dips due to profit taking, the daily average turnover remained strong throughout the month. Positive sentiment was further driven by impressive September quarter earnings, with many companies posting YoY and QoQ growth. Additionally, the CBSL's announcement of an interest rate cut towards the end of the month further fueled market optimism.