Trading volumes see major revival; investor sentiment stays mixed

By First Capital Research

Yesterday marked a turnaround from the lethargic atmosphere that dominated the secondary market earlier in the week. Although investor sentiment remained mixed, trading activity gained momentum, ending the day with high overall volumes. 

At the short end of the curve, 01.08.2026 and 15.12.2026 changed hands between 8.25% to 8.37%. In terms of 2028 maturities, 15.03.2028 traded at 9.22% while 01.05.2028 and 01.07.2028 traded between 9.23% and 9.27%. 

Moving ahead, 15.10.2029 traded at a rate of 9.72% and 15.05.2030 was seen changing hands between 9.75% to 9.80% while 01.07.2030 traded at 9.79%. 

Further along the yield curve, 01.10.2032 was seen trading at a rate of 10.68% and finally, 01.11.2033 traded between 10.70% and 10.75%. 

On the external front, the LKR depreciated against the USD, closing at Rs. 303.26/USD compared to Rs. 303.11/USD seen previously. Overnight liquidity in the banking system expanded to Rs. 123.3bn from Rs. 119.1bn recorded the previous day.