Sri Lanka rupee opens weaker, bond yields flat
Jan 31, 2019 09:30 AM GMT+0530 | 0 Comment(s)
ECONOMYNEXT-Sri Lanka's rupee opened slightly weaker at 179.35/71 to the US dollar in the spot market on Thursday while the bond market was quiet with flat yields ahead of an auction, dealers said.
The rupee closed at 179.30/50 to the US dollar on Wednesday after gaining from 180.80/95 on Tuesday.
Bond markets were quiet Thursday morning with yields flat ahead of a primary auction later in the morning, dealers said.
The Public Debt Department will issue 25 billion rupees of a bond maturing on 01.08.2021 and another 25 billion rupees of a bond maturing on 15.01.2027.
One-year bills were quoted at 10.60/70 percent on Thursday compared to 10.65/75 percent from Wednesday's close.
A bond maturing on 15.12.2021 was quoted at 10.80/90 percent on Thursday, flat from yesterday's close.
A bond maturing on 15.12.2023, was quoted at 11.05/10 percent, with no change from Wednesday.
At the Colombo Stock Exchange, the All Share Price Index was flat at 5,991.28, while the more liquid stocks in the S&P SL20 Index were up 0.20 percent or 6.02 points at 3,083.10.
Market turnover was 139.8 million rupees with 5.8 million shares being traded.
Over half the turnover and share trades came through Asiri Hospital Holdings stock, down 50 cents to 22 rupees. (Colombo/Jan31/2019 - SB)