Slight selling pressure persists amid limited market activity

By First Capital Research 

The secondary market yesterday witnessed limited activity with thin to moderate trading volumes. 

Meanwhile, some selling pressure was observed, similar to the previous day. 

Within the 2029 segment, 15.10.2029 and 15.12.2029 traded at a rate of 9.60%. 01.07.2030 maturity traded at 9.70%, while 15.03.2031changed hands at a rate of 9.85%. 

Moreover, 15.06.2034and 15.06.2035 were dealt between 10.72%-10.79%. On the external front, the LKR depreciated against the USD, closing at Rs. 310.30/USD compared to Rs. 310.11/USD recorded the previous day. 

Overnight liquidity in the banking system contracted to Rs. 336.51bn from Rs. 403.77bn recorded previously.