Market in Red | Daily News


Market in Red

The secondary market remained at a standstill as investors remained on the side-line due to the current uncertain environment.

Market concluded yesterday in red dragged down by CTC and CLC, recording the lowest close in 10 weeks. A hefty volatile movement was witnessed throughout the day in the ASPI, which reached an intraday low of 5,732 and closed at 5,734, losing 5 points according to First Capital. Volume recorded a near 3 month low while recording a 10 week low in turnover. A net foreign inflow was witnessed amidst low foreign participation.

Scheduled to be held today (02), CBSL has announced the offer of Rs. 12.0 billion Treasury bills under primary bill auction and the bond buy back of 01.05.21, 01.08.21 and 15.10.21 maturities in Open Market Operations.

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