Sri Lanka rupee, bonds stable at open
Mar 11, 2019 10:08 AM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka's rupee was quoted flat at 178.40/55 to the US dollar on Monday, while bond yields were stable in a dull market, dealers said.
The rupee had opened slightly stronger at 178.35/55 on Monday morning, before settling at the same levels as Friday's close.
Bond yields were trading around the same levels as Friday in a dull market, dealers said.
Twelve-month bills were quoted at 10.47/55 percent on Monday, down from 10.50/55 percent at Friday's close.
A bond maturing on 01.08.2021 was quoted at 10.62/65 percent today, narrower from Friday's close of 10.61/69 percent.
A bond maturing on 15.07.2023 was quoted at 10.85/90 percent, slightly up from 10.80/87 percent at the previous close.
A 7-year bond maturing 01.08.2026 was quoted at 10.97/03 percent on Monday, down from Friday's close of 11.00/07 percent.
A bond maturing on 15.06.2027, was quoted at 11.05/15 percent, lower than the previous close of 11.08/15 percent.
A bond maturing on 01.09.2028, was quoted at 11.17/25 percent, flat from Friday's close.
At the Colombo Stock Exchange, the All Share Price Index was 2.25 points lower at 5,720 in the first half hour of trading.
The more liquid S&P SL20 Index was down 1.32 points at 2,858.27.
Market turnover was 59.3 million rupees.
There was slight selling pressure on banks.
Diversified conglomerate John Keells Holdings was trading 40 cents higher at 155.50 rupees per share, generating 73 percent of the turnover. (Colombo/Mar11/2019-SB)