Tuesday, September 23, 2025

Policy rate jitters seize bourse despite previous positive momentum lingering

The CSE was able to maintain the previous positive momentum yesterday but investors were concerned about the new policy rates to be announced by the Central Bank today.

Amid those developments both indices moved upwards. The All Share Price Index went up by 75.95 points, while the S and P SL20 rose by 20.03 points.

Turnover stood at Rs 6.5 billion with 13 crossings. Top seven crossings that were reported in LOLC, which crossed 650,000 shares to the tune of Rs 370.5 million; its shares traded at Rs 570, Capital Alliance Holdings 13 million shares crossed for Rs 221 million; its shares traded at Rs 17, VallibelOne 1.06 million shares crossed for Rs 106 million; its sharestraded at Rs 100.

NTB 300,000 shares crossed to the tune of Rs 93.3 million; its shares traded at Rs 312, Commercial Bank 450,000 shares crossed for Rs 87.75 million and its shares traded at Rs 195, HNB (Non- Voting) 270,000 shares crossed for Rs 79.6 million; its shares traded at Rs 295 and Ceylinco Holdings 20000 shares crossed to the tune of Rs 53.5 million; its shares sold at Rs 3175.

In the retail market top seven companies that mainly contributed to the turnover were; Brown’s Investments Rs 434 million (54.50 million shares traded), VallibelOne Rs 319 million (3.1 million shares traded), Sierra Cables Rs 267 million (9.7 million shares traded), Digital Mobility Solutions Rs 248 million (1.2 million shares traded), Commercial Bank Rs 246 million (1.2 million shares traded), DFCC Rs 198 million (1.21 million shares traded) and Dipped Products Rs 188 million (2.8 million shares traded). During the day 224 million share volumes changed hands in 38000 transactions.

It is said that the banking and finance sector led the market while the manufacturing sector also actively participated at the floor.

Yesterday the rupee opened at Rs 302.40/60 to the US dollar from Rs 302.45/60 the previous day, while bond yields were broadly steady, dealers said.

A bond maturing on 15.03.2028 was quoted flat at 8.90/9.00 percent.

A bond maturing on 15.12.2029 was quoted at 9.48/52 percent, down from 9.47/57 percent.

A bond maturing on 01.07.2030 was quoted at 9.70/72 percent.

A bond maturing on 15.12.2032 was quoted at 10.43/47 percent, from 10.38/44 percent.

A bond maturing on 01.06.2033 was quoted at 10.66/70 percent.

The telegraphic transfer rate for the American dollar was 299.0000 buying, 306.0000 selling; the British pound was 403.3856 buying, and 414.7474 selling, and the euro was 351.0459 buying, 362.4091 selling.

By Hiran H Senewiratne



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