HNW investors take center stage to lift turnover

• 05 Feb 2026
• 0

Colombo Bourse showed a mild, steady uptick over the day with modest gains, where prices rose early, then drifted sideways with small pullbacks.

ASPI edged up by 34 points, closing at 23,769, while S&P SL20 moved up by 5 points, closing at 6,603. Top positive contributors to the ASPI were JKH, SAMP, DIAL, ACME and KZOO.

HNW participation was strong, with over 60% of the day’s total turnover generated through crossings amounting to LKR 6.7Bn. Major transactions through crossings were recorded in JKH amounting to LKR 4.2Bn and HNB totaling LKR 1.5Bn, contributing 37.9% and 13.3% to the turnover, respectively.

Meanwhile, retail participation was average with special interest on penny stocks. Daily turnover stood at LKR 11.1Bn, marking an increase of 57.5% over the monthly average of LKR 7.1Bn.

Capital Goods sector led the daily turnover with a share of 50%, followed by the Banking, and Diversified Financials sectors collectively contributing 30%. Foreign investors remained net sellers, posting a net outflow of LKR 1.0Bn.  

BOND MARKET

Secondary market sees moderate volumes alongside consistent buying

The secondary market saw buying interest, while the trading volumes stood at moderate levels. Trades executed over the short-to-long end maturities, while the yield curve broadly stayed steady. Amongst the traded maturities, over 2028 segment, 15.03.2028 traded at 9.00%, while both 01.05.2028 and 01.07.2028 traded in the range of 9.10%-9.12%. Moving forward, 01.05.2029 and 15.09.2029 maturities changed hands at 9.45% and 9.54% respectively. Moreover, 01.03.2030, 15.03.2031, 01.10.2032, 01.06.2033 and 15.06.2034 were dealt at 9.67%, 9.90%, 10.25%, 10.60% and 10.80% respectively. Further along the long-end of the curve, 15.06.2035 changed hands at 10.85%. On the external front, the LKR depreciated against the USD, closing at LKR 309.51/USD compared to LKR 309.45/USD recorded the previous day. 

Courtesy: First Capital Research

YOU MAY ALSO LIKE