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View all(113)📉 Sri Lanka Stocks Close Down as ASPI Drops 0.81%
• Market Overview: The Colombo Stock Exchange ended lower on Monday. The benchmark All Share Price Index (ASPI) fell 0.81% (down 168.38 points) to 20,644.26, while the S&P SL20 dropped 0.55% (down 32.27 points) to 5,851.23. • Market Activity: Total market turnover stood at Rs. 3.16 Bn, with the capital goods sector leading turnover at Rs. 1.72 Bn. • Top Gainers: - C T Holdings: up 1.89% to Rs. 540.00 - Ambeon Capital: up 3.14% to Rs. 29.60 - Hemas Holdings: up 0.96% to Rs. 31.40 - Distilleries Company of Sri Lanka: up 0.19% to Rs. 52.90 • Top Losers: - Ambeon Holdings: down 9.27% to Rs. 32.30 - Citizens Development Business Finance: down 4.61% to Rs. 33.10 - LOLC Holdings: down 2.05% to Rs. 430.25 - Dialog Axiata: down 1.53% to Rs. 45.00 - Commercial Bank of Ceylon: down 0.50% to Rs. 201.00
📈 Sri Lanka Rupee Marginally Weaker, Bond Yields Broadly Steady
• Currency Market: The Sri Lankan rupee closed slightly weaker in the spot market at 330.60/70 against the US dollar on Monday, compared to 330.55/65 on the previous day. • Government Securities / Bond Yields: Secondary market bond yields remained broadly steady across key maturities: • 01.08.2030: Closed at 11.12/20% (down from 11.15/20%) • 15.10.2030: Closed flat at 11.20/25% • 01.02.2031: Closed flat at 11.25/30% • 15.12.2032: Closed flat at 11.67/75% • 15.10.2034: Closed at 11.95/12.05% (down from 11.99/12.05%)
📈 CBSL Open Market Operations Summary - 05 Oct 2026
• Overnight Money Market Liquidity - Call Money: Weighted average rate stood at 8.99% (range: 8.80% - 9.02%) with total transactions of Rs. 34.43 Bn. - Repo Market: Weighted average rate reached 9.05% (range: 8.95% - 9.07%) with gross volume of Rs. 81.97 Bn. • Central Bank Open Market Operations - Overnight Repo: Offered Rs. 80.00 Bn; fully accepted bids of Rs. 60.50 Bn at a weighted average yield of 8.75% (maturing 06 Oct). - 7-Day Short-Term Repo: Offered Rs. 40.00 Bn; fully accepted bids of Rs. 35.00 Bn at 8.75% (maturing 12 Oct). - 31-Day Long-Term Repo: Offered Rs. 30.00 Bn; accepted Rs. 30.00 Bn out of Rs. 31.00 Bn bids at 9.13% (maturing 06 Nov). • CBSL Standing Facilities & Holdings - Standing Deposit Facility: Absorption totaled Rs. 82.11 Bn. - Standing Lending Facility: Injection totaled Rs. 169 Mn. - Government Securities Holdings: CBSL T-Bills/Bonds face value stood at Rs. 2,492.62 Bn (book value: Rs. 1,531.01 Bn).
📊 Sri Lanka Market Update: Rupee Flat at 330.55/65, Bond Yields & Stocks Steady
• Currency Markets: The Sri Lankan rupee remained flat at 330.55/65 against the US dollar in the spot market. Central Bank data indicates the rupee has depreciated by 6.3% year-to-date as of end-September. Commercial bank TT buying/selling rates stood at 326.10/335.10 for the US dollar, 363.62/377.40 for the euro, and 430.51/444.62 for the British pound. • Government Securities: Secondary market bond yields were broadly steady across key maturities: - Oct 15, 2028: 10.50/58% (up from 10.52/55%) - Oct 15, 2029: 10.80/90% (flat) - Aug 01, 2030: 11.15/20% (flat) - Oct 15, 2030: 11.18/23% (down from 11.20/25%) - Feb 01, 2031: 11.22/28% (down from 11.25/30%) - Dec 15, 2032: 11.67/75% (flat) - Jan 15, 2033: 11.75/80% (up from 11.70/80%) - Oct 15, 2034: 11.95/12.05% (down from 11.99/12.05%) - An upcoming Treasury bill auction on Oct 07 aims to issue Rs 80.00 Bn in bills. • Equity Market: The Colombo Stock Exchange closed slightly higher. The All Share Price Index (ASPI) gained 0.04% (+8.34 points) to reach 20,820, while the S&P SL20 index rose 0.14% (+8.01 points) to close at 5,891.
📉 Sri Lanka Stocks Dip in Early Monday Trading
Sri Lanka’s Colombo Stock Exchange experienced a slight downtrend in early Monday trading, driven by marginal losses in major indices. • Overall Market Movements - ASPI: Down 0.05% (-10.95 points) to 20,801.69. - S&P SL20: Down 0.01% (-0.80 points) to 5,882.70. - Market Turnover: LKR 187.62 Mn. • Sector & Stock Performance - Capital Goods: Dominated trading volume, leading turnover at LKR 139.73 Mn. - Top Gainers: Ambeon Capital (+3.83% to LKR 29.80), Softlogic Capital (+3.13% to LKR 9.90), Browns Investments (+2.04% to LKR 5.00), and Tokyo Cement Company (Lanka) (+0.98% to LKR 82.80). - Top Losers: Vidullanka (-1.78% to LKR 22.10), Sri Lanka Telecom (-1.29% to LKR 84.00), Colombo Dockyard (-1.04% to LKR 118.75), and John Keells Holdings (-0.54% to LKR 18.50). • Corporate Disclosures - First Capital Treasuries: Announced that former Chairperson Manjula Mathews (stepped down Oct 1) maintains a relevant share interest via directorship at First Capital Limited (holding 550,093,968 shares) and ultimate parent Janashakthi PLC.
📈 Sri Lanka Raises Additional Rs 8 Bn via Tap Sale of Treasury Bills
• Total Issuance: Public Debt Management Office sold Rs 8 Bn in Treasury bills on tap following the weekly auction, bringing total bill sales for the week to Rs 88 Bn (Rs 80 Bn raised at the primary auction). • Demand: Strong market interest with total subscriptions reaching Rs 20,913 Mn for the tap issuance. • Yield Breakdown: • 3-month bills: Average rate of 9.25% • 6-month bills: Average rate of 9.41% • 12-month bills: Average rate of 9.95% • Market Impact: Demonstrates continued domestic market demand for government securities across short- to medium-term maturities, supporting sovereign debt management and liquidity absorption.
Foreigners Back Treasuries, Exit CSE as Rupee Slips 6.3% YTD 📈
• Government Securities & CSE: August saw a net foreign inflow of US$ 70.2 Mn into Government securities, bringing Jan–Aug total inflows to US$ 208 Mn. Conversely, the Colombo Stock Exchange (CSE) recorded net foreign outflows of US$ 58.1 Mn in Aug, with Jan–Aug outflows hitting US$ 166 Mn (exceeding 2025’s total outflow of US$ 122 Mn). Total net portfolio flows stood at ~US$ 42 Mn. • Foreign Direct Investment (FDI): H1 2026 FDI reached US$ 405 Mn, following a peak of US$ 1.04 Bn in 2025. • Currency Movement: The Sri Lankan Rupee (LKR) depreciated 6.3% YTD against the USD (Rs. 330.83 per USD as of Sept 30). It also weakened against the CNY (-10.1%), AUD (-9.9%), JPY (-6.3%), GBP (-4.6%), and EUR (-3%), while appreciating slightly📈 Foreigners Back Treasuries, Exit CSE as Rupee Slips 6.3% YTD • Government Securities & CSE: • Government securities saw a net foreign inflow of US$ 70.2 Mn in August, bringing the Jan-Aug total to US$ 208 Mn (vs. US$ 248 Mn in 2025). • The Colombo Stock Exchange (CSE) recorded a net foreign outflow of US$ 58.1 Mn in August. Total Jan-Aug outflows reached US$ 166 Mn, exceeding the full-year 2025 outflow of US$ 122 Mn. • Combined net portfolio flows (Treasuries & equities) stood at ~US$ 42 Mn for Jan-Aug. • Foreign Direct Investment (FDI): • FDI reached US$ 405 Mn in 1H 2026 (following US$ 1.04 Bn in 2025). • Currency Performance: • The Rupee depreciated 6.3% YTD to Rs. 330.83 per USD as of Sept 30. • Weakened against major currencies: Chinese Yuan (-10.1%), Australian Dollar (-9.9%), Japanese Yen (-6.3%), Pound Sterling (-4.6%), and Euro (-3.0%). Appreciated slightly against the Indian Rupee (+0.2%). • Trade & External Sector: • Current Account: Shifted to a deficit of US$ 290.6 Mn for Jan-Aug (vs. a US$ 2.05 Bn surplus a year earlier). • Merchandise Trade Deficit: Widened to US$ 7.18 Bn as imports rose 24.1% to US$ 16.56 Bn (fueled by a 61.6% spike in fuel imports to US$ 4.07 Bn), while exports grew 3.3% to US$ 9.38 Bn. • Remittances & Reserves: Workers' remittances rose 19.8% to US$ 6.13 Bn. Gross official reserves stood at US$ 6.9 Bn at end-August (covering 3.3 months of imports).
📈 Sri Lanka Bond Market Yields See-Saw Before Stabilizing; Rupee Remains Steady
• Secondary Bond Market Highlights • Yields experienced V-shaped volatility, initially rising due to global pressure before sharply falling after CBSL held policy rates unchanged. • Yield ranges across key tenors: - 2028s: 10.50% - 10.68% - 2030s: 11.00% - 11.35% - 2034s: 11.90% - 12.10% • Treasury Bill Auction & Foreign Inflows • T-Bill Yields: Extended gains for a 3rd straight week; 91-day up 5 bps to 9.25%, 182-day up 4 bps to 9.41%, and 364-day up 2 bps to 9.95%. • Issuance: PDMO successfully raised full Rs. 80.00 Bn target; total phase 1 & 2 aggregate subscription reached Rs. 88.00 Bn. • Foreign Holdings: Turned net positive with Rs. 1.82 Bn inflow (+1% WoW), raising total foreign holdings in Rupee Treasuries to Rs. 198.75 Bn. • Liquidity & Currency Market • Money Market Liquidity: Remained elevated at Rs. 360.11 Bn surplus (vs. Rs. 370.92 Bn prior week). • Call Money & Repo Rates: Averaged 8.99% and 9.04% respectively. • 📈 Sri Lanka Market Wrap: Bond Yields Volatile, T-Bill Rates Rise, Foreign Inflows Resume The secondary bond market experienced volatile "V-shaped" trading before closing lower-to-steady for the week ended 2 October. Initial pressure from global monetary tightening and crude oil risks was offset by the CBSL holding policy rates steady, moderating credit growth, and maintaining a 5% inflation target. • Government Securities & T-Bills: • T-Bill Yields: Rose for the 3rd straight week across all tenors: 91-day up 5 bps to 9.25%, 182-day up 4 bps to 9.41%, and 364-day up 2 bps to 9.95%. • Auction Performance: PDMO raised the full offered amount of Rs. 80 Bn (oversubscribed 2.51 times). Phase II raised an additional Rs. 8 Bn, bringing total T-Bill issuance to Rs. 88 Bn. • Bond Tenor Yields: 2028s traded between 10.50%-10.68%; 2030s-2031s hit intraweek highs of 11.28%-11.40% before cooling to 11.17%-11.27%; longer-dated 2034s-2035s hovered around 11.90%-12.15%. • Foreign Portfolio Flows: • Rupee Treasuries recorded a net foreign inflow of Rs. 1.82 Bn (+1% WoW) following two weeks of outflows, bringing total foreign holdings to Rs. 198.75 Bn. • Liquidity & Forex: • Money Market: System liquidity surplus remained high at Rs. 360.11 Bn (vs. Rs. 370.92 Bn prior week). Call money averaged 8.99%; Repo averaged 9.04%. • Currency: The USD/LKR rate held steady, closing at Rs. 330.59/330.64 against Rs. 330.40/330.50 the previous week. Daily average spot USD volume stood at US$ 107.42 Mn.
📉 Sri Lanka Stocks Close Down 0.33%; Banking Sector Leads Turnover
• Market Indices: The benchmark All Share Price Index (ASPI) fell 0.33% (-68.26 points) to close at 20,812.64, while the S&P SL20 dropped 0.25% (-14.93 points) to 5,886.72. • Turnover & Sector Drivers: Total turnover reached Rs. 873.38 Mn. The banking sector led market turnover at Rs. 244.40 Mn, followed by real estate management & development at Rs. 177.44 Mn. Major crossings in Sampath Bank, Lanka IOC, and NDB Bank accounted for Rs. 350–400 Mn, nearly half of the day's total turnover. • Top Contributors: • Gainers: Citizens Development Business Finance (+5.15% to Rs. 34.70), Richard Pieris & Co (+2.31% to Rs. 26.60), PGP Glass Ceylon (+1.63% to Rs. 56.10), and Sri Lanka Telecom (+1.43% to Rs. 85.10). • Losers: SMB Finance (-8.33% to Rs. 1.10), Singer (Sri Lanka) (-3.05% to Rs. 76.20), Carson Cumberbatch (-2.67% to Rs. 710.00), and Commercial Bank of Ceylon (-0.49% to Rs. 202.00).
📈 Sri Lanka Rupee Closes at 330.55/65 Spot; Bond Yields Broadly Steady
• Exchange Rate: The Sri Lankan rupee closed slightly stronger at 330.55/65 against the US dollar in the spot forex market, compared to 330.60/70 on Thursday. • YTD Depreciation: According to the Central Bank, the rupee depreciated by 6.3% against the US dollar on a year-to-date basis as of end-September. • Bond Market: Government bond yields ended broadly steady to marginally higher across maturities: • 01.08.2030: 11.15/20% (up from 11.10/18%) • 15.10.2030: Flat at 11.20/25% • 01.02.2031: 11.25/30% (up from 11.22/27%) • 15.12.2032: 11.67/75% (up from 11.65/75%) • 15.10.2034: 11.99/12.05% (up from 11.95/12.00%)
CSE Ends Down 1.07% Weekly Amid Mid-Week Reversal 📉
• Market Indices & Returns - ASPI fell 1.07% WoW (down 0.33% / 68.26 pts daily to 20,812.64). - Active S&P SL20 dropped 0.96% WoW (down 0.31% / 18.15 pts daily to 5,883.50). - Breadth favored decliners with 116 counters in red vs. 78 in green. • Trading Activity & Flows - Daily market turnover reached nearly Rs. 873.4 Mn on over 29 Mn shares traded. - Foreign investors were net sellers with a net outflow of Rs. 140.2 Mn. - Retail participation remained low, while high-net-worth investors drove key volume. • Sector Breakdown & Drag - Banking sector led daily turnover (28%), followed by real estate management & development and diversified financials (31% combined). - Top negative contributors to ASPI included CARS, COMB, SINS, LOFC, and BUKI.
Sri Lanka Stocks Decline Amid Global Headwinds; Turnover Reaches Rs 595.97 Mn 📉
• Overall Figures: The benchmark All Share Price Index (ASPI) fell 0.39% (-81.79 points) to 20,955.56, while the liquid S&P SL20 dipped 0.29% (-17.28 points) to 5,923.44. Total market turnover stood at LKR 595.97 Mn, impacted by international market disruptions. Crossings were noted in counters including John Keells and CDB. • Sector Breakdowns: Diversified financials led turnover with LKR 128.71 Mn, closely followed by capital goods generating LKR 128.44 Mn. • Key Market Movers: - Top positive contributors: Distilleries Company of Sri Lanka (+0.76% to Rs 52.90), Ceylon Tobacco Company (+0.94% to Rs 1,790.75), Laugfs Gas (+1.86% to Rs 43.80), and Hayleys (+0.44% to Rs 226.00). - Top negative contributors: Carson Cumberbatch (-2.75% to Rs 716.50), Sri Lanka Telecom (-2.16% to Rs 85.90), Dialog Axiata (-0.65% to Rs 46.10), and SMB Finance (-9.09% to Rs 1.00). • Corporate Highlights: ACL Cables PLC announced an interim dividend of 60 cents per share (totaling LKR 431.23 Mn) for FY ended March 31, 2026. Ex-dividend date is October 7, 2026, with payment scheduled for October 26, 2026.