Renewed positivity in the Colombo Bourse continued today as well, underpinning the ASPI to reclaim the 20,000 mark. At the global outset, oil prices fell today amid expectations for peace talks to de-escalate the Middle-East conflict, which could have further bolstered the investor confidence.

The ASPI gained 297 points to close at 20,267, while the S&P SL20 closed at 5,774, advancing by 81 points. DIST, HNB, DIAL, SUN and SAMP emerged as the top positive contributors to the ASPI.

Both retail and HNW participation remained active, with HNW investors particularly showcasing interest towards selected Banking sector counters. Turnover continued to cross the LKR 2.0Bn mark, standing LKR 2.3Bn, marking an increase of 69.0% over the monthly average of LKR 1.3Bn.

Banks led the daily turnover with a share of 29%, followed by the Diversified Financials, and Materials sectors collectively contributing 31%. Foreign investors remained net sellers, posting a net outflow of LKR 21.0Mn.

BOND MARKET

Moderate market activity amidst a fully subscribed T-bond auction

The secondary bond market withstood a session marked by moderate levels of activity, with investor focus centered around today’s T-Bond auction. The yield curve remained largely stable, although the 2036 tenor saw a noteworthy upward push.

Among the actively traded maturities, the 15.08.2030 and 15.10.2030 bonds traded at 11.62%, while the 15.03.2031 maturity traded at 11.80%, followed by the 15.12.2032 bond, which traded from 12.15% to 12.20%.

Further along the curve, the 15.10.2034 maturity traded from 12.60% to 12.65%. Lastly, the 15.08.2036 maturity was seen changing hands at 12.90%.

Today, the PDMO concluded a T-Bond auction, raising LKR 100.0Bn, in line with what was initially offered. All three maturities, namely the 2030, 2034 and 2036 bonds raised exactly their respective offered amounts of LKR 40.0Bn, LKR 40.0Bn and LKR 20.0Bn, respectively.

The WAYR for the 2030, 2034 and 2036 maturities stood at 11.44%, 12.61% and 12.85%, respectively. On the external front, the LKR depreciated against the USD, standing at LKR 332.49/USD, compared to LKR 332.41/USD seen earlier.

The CBSL has not released liquidity data for 29 Oct 2026.

-First Capital Research-