Monday, June 8, 2020

Bourse ends in green territory

Bourse ended in the green territory reversing the impact seen in the last five trading sessions.

However the market experienced a substantial foreign outflow after two weeks, dominated by selling pressure in selected Banking counters.

ASPI was uplifted predominantly due to the price gains in big caps CTC & JKH. The index witnessed a continuous uptrend since the beginning of the session and closed at its intraday high of 4,842 gaining 61 points. Turnover for the session was boosted by the parcel trades which amounted to 44% of the total.

Commencing the week, the secondary market witnessed limited activities with thin volumes and in the short end of the yield curve mixed activities were recorded with 15.12.22 trading between 7.80%-7.75% and 15.01.23 trading at 7.83%.

Moreover, CBSL announced a Treasury Bond auction worth LKR 35.0Bn to be held on June 11,2020.

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