Home Market Market retreats amid renewed global trade route concerns

Market retreats amid renewed global trade route concerns

  • 22 Jun 2026
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The Colombo Bourse closed in negative territory today, with the ASPI shedding 108 points to end at 22,254, while the S&P SL20 lost 20 points to close at 6,196.

 

Investor sentiment remained cautious amid renewed concerns over potential disruptions to global trade routes, weighing on risk appetite. Both HNW and retail participation remained at low levels.

 

 

The main negative contributors to the ASPI were JKH, SPEN, DFCC, COMB, and ACL. Daily turnover stood at LKR 1.2Bn, marking a decrease of 57.5% over the monthly average of LKR 2.8Bn.

 

Capital Goods sector led the daily turnover with a share of 30%, followed by the Banking, and Insurance sectors collectively contributing 29%. Foreign investors remained net sellers, posting a net outflow of LKR 154.7Mn.

 

 

BOND MARKET

 

Secondary market opens the week on a subdued note

 

The secondary market opened the week with subdued sentiment and thin trading activity, resulting in a largely stable yield curve. Among the maturities traded, 01.03.2030 was quoted at 11.05%, while 15.12.2032 and 01.11.2033 traded at 11.50% and 11.60%, respectively.

 

The 15.06.2035 maturity traded at 11.90%. Meanwhile, the weekly Average Weighted Prime Lending Rate (AWPR) for the week ending 19th Jun 2026 increased by 17 bps to 10.42% compared to the previous week.

 

On the external front, the LKR appreciated against the USD, standing at LKR 333.76/USD, compared to LKR 334.28/USD seen earlier. Liquidity in the banking system expanded to LKR 44.16Bn from LKR 31.25Bn recorded previously.

 

-First Capital Research-

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