Market maintains bullish sentiment

• 17 Sep 2025
• 0

The Colombo Stock Exchange continued the buying sentiment from yesterday, backed by investor positivity towards selected Banking counters and conglomerates.

Moreover, interest was also observed on Hotel and Retailing sector counters which saw increased gains during the day. ASPI closed at 20,775, gaining 156 points from the previous day's end.

COMB, HHL, MELS, NTB and SINS were the top positive contributors to the index. High retail participation was observed during the day. Turnover amounted to LKR 6.6Bn, with Capital Goods sector leading with 26% share, followed by a combined contribution of 27% from Materials sector and Retailing sector. Foreign investors remained net sellers with an outflow of LKR 580.0Mn.

BOND MARKET

Moderate trading in secondary market following weekly T-Bill auction

The secondary market exhibited mixed sentiment following today's weekly T-bill auction, with trading activity remaining moderate in terms of volume.

In the Treasury bill segment, maturities ranging from 3 to 10 months were actively traded, with yields spanning from 7.75% to 8.02%.

In the Treasury bond space, the 15.06.2029 and 15.12.2029 maturities were quoted at yields of 9.45% and 9.55%, respectively.

The 01.07.2030 maturity changed hands at 9.72%. Further along the curve, the 15.03.2031 bond was traded at a yield of 10.05%. Finally, the 15.06.2035 bond was transacted at a yield of 10.90%. Today, CBSL accepted LKR 54.0Bn at its weekly T-Bill auction, below the targeted LKR 75.0Bn, despite total bids reaching LKR 124.6Bn.

For the 3-month tenor, LKR 11.3Bn was accepted, with the weighted average yield dropping by 1bp to 7.57%. The 6-month bill saw the largest uptake, with LKR 34.0Bn accepted at a steady weighted average yield of 7.89%.

In the 12-month maturity, LKR 8.6Bn was accepted, with the weighted average yield remaining unchanged at 8.02%. On the external front, the LKR appreciated marginally against the USD closing at LKR 302.11/USD compared to LKR 302.12/USD recorded the previous day.

Overnight liquidity in the banking system expanded to LKR 137.7Bn from LKR 131.4Bn recorded the previous day.

Courtesy: First Capital Research

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