A market brief each morning, plus company filings and news from across Sri Lanka's stock market. Filter by company, sector and theme, and use sentiment badges to quickly identify Positive or Negative news.
Fitch upgraded Sri Lanka's Long-Term IDR to 'B-' from 'CCC+' with a Stable outlook, citing implementation of macro-stabilisation policies, improved fiscal and external balances and a modest rebuilding of FX reserves that ease external financing risks.
Frontier Research said rising global bond yields and major central-bank tightening are making it harder for Sri Lanka to attract capital, with the US 10-year at 5.04%, UK 10-year at 5.378% and Japan 10-year at 3%. Domestically, inflation hit 8% in August, the current account is in deficit and the CBSL's next policy decision is due at month-end after a May hike to 8.75%.
Sri Lanka's rupee was quoted at 330.80/90 to the US dollar, slightly weaker than 330.75/90 the previous day, while government bond yields edged up across the curve (e.g. the 15.12.2029 note quoted around 11.00-11.10%).
Secondary government bond yields fell across the curve-15.10.28 at 10.60%, 15.12.28 at 10.66% and 15.09.29 at 10.85%, with 2030-31 tenors trading around 11.15%-11.35% as block trades supported the decline. Money market liquidity showed a Rs.145.72bn surplus (Rs.56.72bn at SDFR) and the CB absorbed Rs.89bn via repo; USD/LKR closed at 330.75/330.90 with $77.5m traded.
Foreign investors sold a net 7,302 million rupees of Sri Lanka rupee bonds in the week to Sept 18, the first weekly net outflow in 14 weeks, amid rupee depreciation. The outflows cut foreign holdings in government securities to 206.1 billion rupees; the rupee is down 6.7% YTD and the Central Bank raised policy rates by 100bps in May.
Sri Lanka's rupee closed at 330.75/90 to the US dollar on Monday, slightly firmer than the prior day's 330.75/331.25. Government bond yields were largely flat, with selected maturities quoted between 9.85% and 12.00%.
Sri Lanka's rupee was quoted at 331.00/25 to the US dollar on Monday (from 330.75/331.25 on Friday); government bond yields eased, with the 01.08.2030 at ~11.15-11.20% and the 15.10.2034 at ~11.90-12.00%, amid softer oil prices.
Secondary Sri Lankan government bond yields initially rose then recovered by week's end; at the weekly T‑Bill auction the PDMO raised the full Rs.70 billion offered as 91/182/364‑day yields rose to 9.18%, 9.36% and 9.88% respectively. Money market liquidity stayed elevated at Rs.359.79bn, foreign holdings fell by Rs.7.3bn and the rupee weakened to about Rs.331.
Sri Lanka's rupee closed at 330.75/331.25 to the US dollar on Friday, firming from 331.50/90 the previous day. Local government bond yields fell across maturities (e.g. 15.09.2027 at 9.85/10.00%), with modest declines reported on several longer-dated issues.
Sri Lanka's rupee strengthened to 330.90/331.25 per US dollar on Friday from 331.50/90 the previous day, while government bond yields broadly recovered as rates fell amid buying interest (e.g. the 15.09.2029 issue quoted at 10.85-10.90%). The All Share Price Index rose 0.18% to 21,060 and the S&P SL20 gained 0.16% to 5,934.
Secondary bond-market yields fell across several tenors on renewed buying interest (e.g. 15.10.28 10.85%-10.75%; 01.02.31 rallied to ~11.45%), with a money-market liquidity surplus of Rs.107.84bn. USD/LKR closed near 331.50/331.90 as the rupee marginally appreciated.
President Anura Kumara Dissanayake said Sri Lanka will build on the economic stability achieved under the IMF's EFF programme after an IMF mission commended progress including higher revenues, foreign investment and a stabilized currency; rising energy costs from the Middle East conflict were also discussed.
Sri Lanka's rupee closed at 331.50/90 to the US dollar, firmer from 332.00/40 at the open. Government bond yields recovered/edged down across the curve, e.g. the 15.09.2027 bond at 9.90/10.05% and the 15.09.2029 at 10.90/11.00%.
The Public Debt Management Office raised the full Rs.70 billion offer as Treasury Bill weighted-average yields rose for the first time in 11 weeks, 91-day 9.18% (+15bp), 182-day 9.36% (+12bp) and 364-day 9.88% (+11bp). Secondary bond yields and money-market rates climbed and the USD/LKR closed around Rs.332.
Sri Lanka's rupee was quoted at 332.00/40 to the US dollar on Thursday, weaker than the prior session's 330.70/331.20; local government bond yields largely consolidated, with 2030-2034 maturities rising to about 11.45-12.10%.
The Central Bank of Sri Lanka hosted its inaugural Reserve Management Conference in Colombo on 10-11 September 2026, bringing central bankers, sovereign asset managers and IFIs together to discuss building foreign reserve buffers, geopolitical risks, the role of the US dollar, digital/tokenised assets and AI in reserve management.
Secondary government bond yields rose for a second straight session, with short-to-belly maturities trading around 10.95%-11.50%; a Rs.70 billion Treasury Bill auction (Rs.25b 91-day, Rs.25b 182-day, Rs.20b 364-day) is scheduled today. The rupee weakened to Rs.330.65/331.10 against the US dollar.
Sri Lanka's rupee was at 330.70/331.20 to the US dollar on Wednesday, slightly weaker than the prior day, while government bond yields were quoted steady to lower on selected tenors. A 70,000 million rupee Treasury bill auction was ongoing.
The Central Bank of Sri Lanka hosted its inaugural Reserve Management Conference on 10-11 September 2026 in Colombo, convening about 50 speakers from central banks and multilateral institutions. Discussions focused on building foreign reserve buffers, geopolitical fragmentation, the role of digital/tokenised assets and AI in reserves, US dollar dominance and gold as an alternative asset.
Sri Lanka's rupee closed weaker at 330.70/331.00 to the US dollar, down from 329.15/329.35 the previous day, while government bond yields rose across maturities (e.g. 15.09.2027 at 9.90/10.20% and 15.12.2029 at about 10.92/11.00%).
Sri Lanka's rupee weakened to 330.15/25 per US dollar in the spot market (from 329.15/35), while government bond yields rose. Quoted yields included 15.10.2028 at 10.45-10.65%, 15.12.2029 at 10.75-10.90% and 01.08.2030 at 11.10-11.20%.
The secondary bond market opened the week bearish as yields rose across maturities-several mid- to long-dated yields trading around 11%-12% (e.g., 01.12.31 11.52%-11.62%; 01.07.37 12.05%-12.08%)-while the rupee weakened to Rs.329.15/329.35 per USD. Money-market liquidity showed a surplus of Rs.131.40bn with the Central Bank absorbing Rs.76.50bn via repo auctions and Rs.58.06bn parked at the SDFR.
Sri Lanka's rupee closed weaker at 329.15/35 per US dollar (from 328.90/329.00), while government bond yields rose across maturities, e.g., the 15.12.2029 was quoted at 10.70/85% (up from 10.60/65%) and the 15.10.2034 at 11.93/12.00%.
Foreign investors bought a net 2,750 million rupees (US$8.5m) of Sri Lanka rupee bonds in the week to Sept 11, lifting foreign holdings to 213.4 billion rupees and marking 13 consecutive weeks of net inflows totalling 92 billion rupees since June 19.
Sri Lanka's official worker remittances rose 10% to US$748.6 million in August 2026 and totalled US$6,131 million in the first eight months, up 19.8%. The report says the rupee has been largely stable since July, though past exchange-rate uncertainty pushed some transfers into informal channels.
Sri Lanka's rupee was quoted at 328.90/329.00 to the US dollar on Monday, weakening slightly, while government bond yields held broadly steady (e.g. 15.03.2028 at 10.00/15%; 01.06.2033 at 11.55/70%). The All Share Index rose 0.01% to 21,385.44 and the S&P SL20 gained 0.23% to 6,016.49.
The Colombo Stock Exchange ended the week up 0.12%, with the ASPI rising 25 points to 21,382.74 after snapping a three-day losing streak. HAYC, CARG, SAMP, LOLC, SEMB and DIMO were top positive contributors; turnover was Rs.1.1bn and foreign investors were net sellers of ~Rs.50.5m.
Secondary bond market was subdued ahead of today's Treasury Bond auctions offering Rs.150 billion across three maturities (Rs.70bn 01-Aug-2030 at 10%; Rs.50bn 15-Oct-2034 at 11.70%; Rs.30bn 01-Jul-2037 at 10.75%). Net liquidity surplus stood at Rs.116.19bn and USD/LKR closed around Rs.328.55.
CBSL Governor Dr. Nandalal Weerasinghe urged global reserve managers to prioritise liquidity and build foreign-exchange buffers amid geopolitical fragmentation, warning that inadequate reserves constrain imports, debt servicing and policy response. He advocated broader risk-based adequacy metrics, cautioned against uncalculated diversification and noted renewed central-bank interest in gold.
Sri Lanka's rupee closed at 328.45/60 to the US dollar on Thursday, marginally firmer than 328.60/80 the previous day; government bond yields rose on several tenors (e.g. the 15.09.2027 tenor to about 9.75-9.95%).