Colombo Bourse Extends Gains as Turnover Spikes on Large Crossing
ASPI and S&P SL20 rise as CSE turnover jumps on a large crossing; foreign outflows, T-bill yields and LKR moves in today's snapshot.
ASPI and S&P SL20 rise as CSE turnover jumps on a large crossing; foreign outflows, T-bill yields and LKR moves in today's snapshot.
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.
T-bill yields eased across the curve with 6-month rates down 22bps at auction and 28bps in secondary trading. Liquidity tightened.
ASPI rose on local buying, foreign investors extended selling, and bond yields diverged as short rates eased and long yields climbed.
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.
Sri Lanka's PDMO raised the full LKR 140Bn T-bill offer as 3M and 6M yields eased, while the 12-month bill fell short of.
Sri Lanka's central bank kept its policy rate unchanged at 8.75%, saying May's tightening is still transmitting through the economy.
CSE turnover surged past LKR 3Bn on a single block trade, but the ASPI fell and foreign outflows persisted. Full market snapshot inside.
Foreign investment in Sri Lankan government securities rose again this week, extending a steady climb of nearly 46% since early June.