Bourse ends in positive territory | Daily News


Bourse ends in positive territory

Bourse ended in the positive territory for the 6th consecutive session with Banking and Capital goods counters contributing 71% of the turnover. ASPI was uplifted predominantly due to the price advances in LION & DIAL. The market spiked within the first 20 minutes of trading and reached its intraday high of 5,095, thereafter experiencing a downward movement till mid-day.  Later the market witnessed a continuous uptrend and closed at 5,083 gaining 37 points. Parcel trades made in HHL, BRWN & COMB contributed to 10% of the turnover. Foreign investors continued to be net sellers while recording low participation. 

Meanwhile the secondary market yield curve shifted slightly downwards whilst the overall market witnessed mixed activities amidst high volumes. On the short end of the curve, maturities 01.03.21 and 01.05.21 traded at 5.55% and 5.70%, respectively, while 15.12.22 and 15.01.23 traded in the range of 6.00%-6.30% levels and 01.09.23 traded at 6.40%-6.55% levels.

 Mid tenor maturities, 15.09.24 traded at 6.95%-6.77% levels while 01.05.25 traded in the range of 7.10%-6.90% levels. In addition, 01.02.26 traded at 7.25%-7.05% levels while long tenor maturity 15.10.27 traded in the range of 7.35%-7.17% levels. 

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