The Colombo Bourse posted a slight improvement, though the session was marked by subdued investor participation, with both retail and HNW activity remaining muted.
The ASPI advanced 98 points to close at 21,595, while the S&P SL20 edged up just 1 point to end at 5,927. Top contributors to the ASPI were DOCK, RICH, SAMP, PLC and HHL.
Turnover amounted to LKR 2.8Bn, dropping 41% from the monthly average level underscoring the day’s weak participation.
The Capital Goods sector dominated activity, accounting for 30.7% of total turnover, while the Banking and Materials sectors collectively represented 32.9%. Foreign investors continued their buying interest, recording a net inflow of LKR 43.3Mn.
BOND MARKET
Secondary market still in post-cyclone slumber
The secondary bond market opened the week on a rather lethargic footing as the general ambiguity associated with Sri Lanka’s recent natural disaster continued to loom on the horizon.
Today’s trading session saw thin volumes while noteworthy transactions remained visibly scarce. Amongst the few trades that were executed today, 15.02.2028 and 01.05.2028 traded at 9.20% and 9.23% respectively, while 15.12.2028 was seen changing hands at 9.35%.
Moving ahead, 15.10.2029 traded at a rate of 9.63% and finally, 15.12.2032 was seen trading at 10.37%. On the external front, the LKR appreciated against the USD, closing at LKR 308.66/USD compared to LKR 308.85/USD seen previously.
Overnight liquidity in the banking system contracted to LKR 85.7Mn from LKR 96.9Mn recorded on the previous day.
Courtesy: First Capital Research
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