The Colombo Bourse experienced a modest pullback today, with both indices opening on a relatively positive note before trending downward to close in the red.
ASPI declined by 92 points to settle at 23,691. JKH, MELS, NTB, SAMP and CFIN emerged as the key negative contributors to the index. Retail investors were the primary participants during today’s session, while HNW activity appeared modest.
Daily turnover stood at LKR 3.7Bn, marking a decrease of 41.0% over the monthly average of LKR 6.3Bn. Capital Goods sector led the daily turnover with a share of 26%, followed by the Telecommunication, and Diversified Financials sectors collectively contributing 31%. Foreign investors remained net sellers, posting a net outflow of LKR 729.3Mn.
BOND MARKET
Market sentiment turns mixed; yield curve holds firm
Investor sentiment appeared mixed today while overall activity showed a mild improvement compared to yesterday’s palpable lethargy. Moreover, the PDMO announced the details of the bond auction scheduled for the 26th of February 2026, which is set to raise a total of LKR 140.0Bn.
Amongst the traded maturities, 15.10.2028 and 15.12.2028 were seen trading at 9.15% and 9.19% respectively. Within the 2029 segment, 15.06.2029 traded between 9.39% and 9.40%, 15.09.2029 traded at 9.47% while 15.10.2029 traded within 9.49% to 9.54%.
Moving ahead, 01.03.2030 and 01.07.2030 both traded at 9.55% while 15.06.2034 traded at 10.75%. Finally, 15.06.2035 traded within the narrow range of 10.84% to 10.85% while 01.07.2037 traded at 10.93%.
On the external front, the LKR remained flat against the USD, closing at LKR 309.38/USD. Overnight liquidity in the banking system expanded to LKR 297.94Bn from LKR 288.48Bn recorded previously
Courtesy: First Capital Research
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