Mixed sentiment persists in secondary market amid moderate volumes

By First Capital Research

The secondary market continued to exhibit mixed activity, with moderate volumes and limited significant trades, extending the quiet sentiment observed in recent sessions.

Activity was concentrated on the shorter end of the yield curve, with 15.02.2028, 15.03.2028, 01.07.2028 and 15.10.2028 trading in the 8.80%–9.04% range. Further along the curve, the 15.10.2029 maturity traded at 9.48%, while the 15.10.2030 changed hands at 9.80%.

In the forex market, the LKR depreciated marginally against the greenback, closing at LKR 301.83/USD, compared to the previously seen rate of LKR 301.77/USD. Meanwhile, overnight liquidity in the banking system expanded to LKR 93.9Bn from the previously seen level of LKR 86.2Bn.