The Colombo Bourse was volatile throughout the day, rising to its intraday high before falling to early profit-taking, and then gradually recovered as buying interest returned.
The ASPI advanced 49 points to close at 22,508 while the S&P SL20 climbed only 3 points to end at 6,098. Top contributors to the ASPI were SFCL, JKH, HAYL, WIND and VLL.
HNW participation remained minimal, while retail investors displayed only moderate interest, leading to a daily turnover of approximately LKR 3.0Bn—about 33% below the monthly average of LKR 4.5Bn.
The Capital Goods sector accounted for 28% of total turnover, while the Materials and Food Beverage & Tobacco sectors contributed a combined 37%. Foreign investors remained net sellers, posting a net outflow of LKR 66Mn.
BOND MARKET
Easing rates spark high-volume trades
The secondary market exhibited buying sentiment today, driven by rates edging lower and large trade volumes. Over the short-maturity segment, 15.02.2028, 15.03.2028, 01.05.2028, 01.07.2028 and 01.09.2028 traded in the range of 8.95%-9.05%, while 15.06.2029, 15.09.2029, 15.10.2029 and 15.12.2029 traded in the range of 9.40%-9.50%.
Moreover, 15.05.2030 and 01.07.2030 maturities changed hands at 9.60%. Additionally, 15.12.2032 traded at 10.25%, whereas both 01.06.2033 and 01.11.2033 were dealt at 10.40%. On the external front, the LKR depreciated against the USD, closing at LKR 309.03/USD compared to LKR 308.75/USD seen previously.
Overnight liquidity in the banking system marginally contracted to LKR 106.8Mn from LKR 109.5Mn recorded on the previous day.
First Capital Research
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