Muted trading marks end of week

By First Capital Research

Market activity wrapped up the week on a soft note, as volumes stayed constrained and investor participation remained measured. 

Yields held steady, leaving the curve largely anchored in a lacklustre trading environment.

Among the few significant trades that were executed, 15.09.2029 and 15.12.2029 were seen changing hands between the narrow range of 9.50 percent to 9.52 percent. Moving ahead, 15.03.2031 traded at 10.05 percent while 01.07.2032 and 01.10.2032 traded between 10.30 percent to 10.60 percent. 

On the external front, the Sri Lankan rupee depreciated marginally against the US dollar closing at Rs.302.1/US dollar, compared to Rs.302.0/US dollar recorded the previous day. Overnight liquidity in the banking system contracted to Rs.126.8 billion, from Rs.133.5 billion recorded the previous day.