Source: CSE

Source: CBSL

-50

50

150

250

350

4,500

5,000

5,500

6,000

6,500

7,000

Jan

-17

Feb

-17

Mar

-17

Ap

r-1

7

May

-17

Jun

-17

Jul-

17

Au

g-1

7

Sep

-17

Oct

-17

No

v-1

7

De

c-1

7

Jan

-18

Feb

-18

Mar

-18

Ap

r-1

8

May

-18

Jun

-18

Jul-

18

Au

g-1

8

Sep

-18

Oct

-18

No

v-1

8

De

c-1

8

Jan

-19

Feb

-19

Mar

-19

Ap

r-1

9

May

-19

Jun

-19

Jul-

19

Au

g-1

9

Sep

-19

Oct

-19

No

v-1

9

De

c-1

9

Volume ASPI

8.00

9.00

10.00

11.00

12.00

13.00

14.00

Jan

-17

Feb

-17

Mar

-17

Ap

r-1

7M

ay-1

7Ju

n-1

7Ju

l-1

7A

ug-

17

Sep

-17

Oct

-17

No

v-1

7D

ec-

17

Jan

-18

Feb

-18

Mar

-18

Ap

r-1

8M

ay-1

8Ju

n-1

8Ju

l-1

8A

ug-

18

Sep

-18

Oct

-18

No

v-1

8D

ec-

18

Jan

-19

Feb

-19

Mar

-19

Ap

r-1

9M

ay-1

9Ju

n-1

9Ju

l-1

9A

ug-

19

Sep

-19

Oct

-19

No

v-1

9D

ec-

19

%

5 Year

7 Year

10 Year

15-Mar-2035

01-Mar-2045

Source: Dept of Census and Statistics

Source: OANDA

Inflation increased by 50 bps for the month of December. Food inflation had increased from 4.6% to 6.3%YoY in December 2019. Non-food inflation also increased from 4.2% to 4.3% YoY in December 2019.

The USD/LKR exchange rate marginally depreciated by 0.34% in December. Also, for the month of Decemberthe CB was a net seller of USD, recording a sale of USD 4.0 Mn.

4.8%

4.3%

0.0%

2.0%

4.0%

6.0%

8.0%

Jan

Feb

Mar

Ap

r

May

Jun

e

July

Au

gust

Sep

tem

ber

Oct

ob

er

No

vem

ber

Dec

em

ber

Jan

uar

y

Feb

ruar

y

Mar

ch

Ap

ril

May

Jun

e

July

Au

gust

Sep

tem

ber

Oct

ob

er

No

vem

ber

Dec

em

ber

2018 2019

CCPI-Point to Point CCPI-12MMA

95.00%

105.00%

115.00%

125.00%

De

c-1

6

Jan

-17

Feb

-17

Mar

-17

Ap

r-1

7

May

-17

Jun

-17

Jul-

17

Au

g-1

7

Sep

-17

Oct

-17

No

v-1

7

De

c-1

7

Jan

-18

Feb

-18

Mar

-18

Ap

r-1

8

May

-18

Jun

-18

Jul-

18

Au

g-1

8

Sep

-18

Oct

-18

No

v-1

8

De

c-1

8

Jan

-19

Feb

-19

Mar

-19

Ap

r-1

9

May

-19

Jun

-19

Jul-

19

Au

g-1

9

Sep

-19

Oct

-19

No

v-1

9

De

c-1

9

December was a sluggish month for the market with low activity levels across all participants.The ASPI was down by 1.33% for the month of December. The average daily volume forDecember 2019 was 28.8 Mn which was below the average YTD daily trading volume of 38.3Mn. The average turnover for December was LKR 558.7 Mn which is again below the YTDaverage turnover of LKR 711.2 Mn.

Source: CSE

4,0402,022

-8,693

1,681

-692

9

-1,204-1,651-1,650

-6,976-5,280-4,699

-2,320-2,713-1,153

1,742

-1,190 -786

7,080

-2,121-1,244-1,743

-6,421

-978

Jan-18

Feb-18

Mar-18

Apr-18

May-18

Jun-18

Jul-18

Aug-18

Sep-18

Oct-18

Nov-18

Dec-18

Jan-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Nov-19

Dec-19

Source: CBSL Source: CBSL

5.00%

7.00%

9.00%

11.00%

Jan

-19

Feb

-19

Mar

-19

Ap

r-1

9

May

-19

Jun

-19

Jul-

19

Au

g-1

9

Sep

-19

Oct

-19

No

v-1

9

De

c-1

9% 3m

6m

12m

8.00

9.00

10.00

11.00

12.00

13.00

14.00

Jan

-19

Feb

-19

Mar

-19

Ap

r-1

9

May

-19

Jun

-19

Jul-

19

Au

g-1

9

Sep

-19

Oct

-19

No

v-1

9

De

c-1

9

% 5 Year

7 Year

10 Year

15-Mar-2035

01-Mar-2045

•

•

•

•

•

•

•

1.27

3.85

1.27

3.85

-3.77

-15.82

-16.03

-13.67

* Non-annualized return

23%12%

10%

7%

7%

Banks

Capital Goods

Consumer Durables andApparels

Healthcare Equipment andServices

Food, Beverage & Tobacco

Equity70%

MM+Cash (Net of

Payables)1%

Commercial Papers

27%

Debentures2%

75

95

115

135

155

Dec

-15

Feb

-16

Ap

r-16

Jun

-16

Au

g-1

6

Oct

-16

Dec

-16

Feb

-17

Ap

r-17

Jun

-17

Au

g-1

7

Oct

-17

Dec

-17

Feb

-18

Ap

r-18

Jun

-18

Au

g-1

8

Oct

-18

Dec

-18

Feb

-19

Ap

r-19

Jun

-19

Au

g-1

9

Oct

-19

Dec

-19

75

95

115

135

155

NEF Index ASPI Index

1.27

1.92

1.27

1.92

-3.77

-14.88

-16.03

-16.18

* Non-annualized return

Equity, 78.4%

MM+Cash (Net of

Payables), 0.7%

Commercial Papers, 18.6%

Debentures, 2.3%

75

95

115

135

155

175

Dec

-15

Feb

-16

Ap

r-1

6

Jun

-16

Au

g-16

Oct

-16

Dec

-16

Feb

-17

Ap

r-17

Jun

-17

Au

g-17

Oct

-17

Dec

-17

Feb

-18

Ap

r-1

8

Jun

-18

Au

g-18

Oct

-18

Dec

-18

Feb

-19

Ap

r-1

9

Jun

-19

Au

g-19

Oct

-19

Dec

-19

75

95

115

135

155

175

NGF Index ASPI Index

26%

12%

12%

7%

5%

Banks

Consumer Durables and…

Capital Goods

Healthcare Equipment…

Food Staples & Retailing

37.41%

47.74%

4.72%

10.12%

Less than 1 month

1 - 2 months

2 - 3 months

More than 3 months

AA- (Fitch)9%

A+ (ICRA)7%

A (ICRA)38%

A- (ICRA)10%

A- (Fitch)11%

BBB+ (ICRA)18%

BBB- (ICRA)7%