Daily Market Snapshot: Bond Yields Rise in the Belly of the Curve as Rupee Holds Steady
Daily snapshot of Sri Lanka's fixed income and currency markets — bond yields rise in medium tenors, T-bill rates ease, rupee holds steady.
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 close higher as Colombo Bourse rebounds; turnover stays below average, yields ease, rupee firms slightly.
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.
ASPI rose on local buying, foreign investors extended selling, and bond yields diverged as short rates eased and long yields climbed.
The ASPI gained 198 points on June 25 as turnover returned to the monthly average, while the rupee recorded its sharpest single-session decline.
The Colombo Stock Exchange closed weaker on June 24 as selling pressure in key large-cap counters pushed both indices lower, while market turnover.