Foreign Investors Extend Selling as Colombo Bourse Advances on Local Buying
Foreign funds posted a net outflow on the CSE even as the ASPI rose, extending a selling trend that has topped LKR 37.
Reporting on stock market trends, bond yields, commodity prices, and currency exchange rates, along with analysis of how these factors impact investors and businesses.
Foreign funds posted a net outflow on the CSE even as the ASPI rose, extending a selling trend that has topped LKR 37.
Sri Lanka rupee at 336.15/25 to US dollar spot, bond yields edge up as the local currency strengthened marginally against the US dollar.
A small daily foreign inflow on the Colombo Stock Exchange is dwarfed by a LKR 36.2 billion year-to-date foreign outflow trend.
JKH accounted for 32% of Colombo Stock Exchange turnover as Capital Goods stocks dominated trading, raising questions about market breadth.
Sri Lanka's yield curve steepens as 5-6 year bond yields climb over 20 basis points while short-term T-bill rates ease ahead of a.
ASPI edges up as Colombo's bond market braces for a LKR 250 billion Treasury auction, with long-term yields climbing and liquidity rising.
Capital Goods stocks dominate Colombo Bourse trading, with Banking and Food, Beverage & Tobacco adding a further 36% of turnover for the session.
CSE turnover slumps well below the monthly average even as ASPI and S&P SL20 extend gains, with Capital Goods and JKH leading a.
Government securities yields climb up to 30bps week-on-week in mid-to-long tenors, while foreign holdings of local bonds rise 4.54% and short-term rates ease.
ASPI rises for a third session as CSE turnover falls below monthly average; treasury yields climb at mid-to-long tenors and foreign buying lifts.