Banking sector tops the heightened market turnover

• 25 Sep 2025
• 0

Exhibiting a robust upward trajectory, the Colombo bourse wrapped up in the green, with the ASPI posting a gain of 183 points and closing at 21,521.

While the positive momentum was bolstered by the contribution from multiple sectors, SAMP, CTC, CFIN, SFCL and DIST were the top positive contributors to the index.

Higher retail and HNW participation were observed during the session. Turnover for the day exceeded the average, and registered LKR 9.3Bn, primarily driven by heightened activity in the Banking sector.

This reflected an increase of 32% compared to the monthly average that stands at around LKR 7.0Bn. Banking sector took the lead with a share of 24%, with NTB recording the highest turnover for the day.

Consumer Services sector and Capital Goods sector jointly contributed to 32% of the total turnover. Additionally, positive investor sentiment was observed towards specific Hotel sector counters. Foreign investors remained net sellers, recording a net outflow of LKR 135.6Mn.

BOND MARKET

Subdued trading keeps yield curve steady

The secondary market recorded subdued trading activity today, as investor sentiment remained cautious, resulting in limited movement across the yield curve, which held largely steady throughout the session.

Among the limited trades executed, the 15.02.2028 maturity, positioned at the short end of the curve, was quoted at a yield of 8.92%.

Further along the curve, the 01.11.2033 maturity was transacted at a yield of 10.73%. On the external front, the LKR depreciated against the USD, closing at LKR 302.57/USD compared to LKR 302.53/USD recorded the previous day. Overnight liquidity in the banking system slightly contracted to LKR 132.7Bn from LKR 136.6Bn recorded the previous day.

Courtesy: First Capital Research

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