CSE to recalibrate benchmark index in quarterly market reset
SriLanka, June 20 -- Sri Lanka's benchmark stock market gauge is set for a quarterly shake-up next week, with the Colombo Stock Exchange (CSE) rebalancing the All Share Price Index (ASPI) to reflect the changes in public shareholdings across the listed companies.
Effective from the market opening on June 22, the move could alter the weightings of some of the market's largest stocks and influence investor portfolios.
The ASPI serves as the market's principal benchmark and is widely used to track the performance of the listed companies and guide investment decisions.
"As the listed companies report their public holding percentages on a quarterly basis, the ASPI requires periodic adjustments to reflect these changes," the CSE said.
It ...
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