Colombo Markets Rally as Fitch Upgrade Lifts Sentiment Across Asset Classes
Sri Lanka's stocks and bonds rally after Fitch's rating upgrade to B-, though foreign investors remain net sellers. Full market snapshot.
Sri Lanka's stocks and bonds rally after Fitch's rating upgrade to B-, though foreign investors remain net sellers. Full market snapshot.
ASPI and S&P SL20 eased on thin turnover as the rupee strengthened and short-tenor bond yields declined in today's market session.
Sri Lanka bond yields climbed sharply this week, GDP growth eased to 4.2%, and banking liquidity tightened, while foreign G-Sec inflows continued.
Daily snapshot of Sri Lanka's fixed income and currency markets — bond yields rise in medium tenors, T-bill rates ease, rupee holds steady.
ASPI and S&P SL20 closed lower on thin turnover, while Treasury bill yields fell across all tenors and the rupee firmed slightly.
CSE closes lower on profit-taking as foreign outflows continue; T-bill yields fall sharply at auction and rupee firms against the dollar.
Sri Lanka's ASPI edged up slightly as T-bill yields fell across the board and banking liquidity expanded to LKR 299.5Bn.
ASPI gains 47 points on surging turnover as government securities yields fall sharply and foreign investors keep buying bonds.
ASPI gained 0.40% as CSE turnover hit LKR 8.5Bn on a single counter. T-bill yields eased across tenors amid tighter bank liquidity.
Equity turnover surged past monthly averages even as indices dipped, while government bond yields steepened at the long end and the rupee firmed.