ECONOMYNEXT - The Sri Lanka rupee weakened in early trading Thursday to 174.90/175.10 rupees against the US dollar, while stocks opened 0.22 percent lower on selling in John Keells Holdings, market participants said.
The currency closed Wednesday at 174.85/175.00 rupees against the greenback in the spot market.
Gilt yields opened unchanged from the previous day with dull activity in the secondary market.
A three-year bond maturing in 2021 was at 11.20/35 percent in two-way quotes, unchanged from the previous close.
A five-year bond maturing in 2023 was also unchanged from the previous day at 11.45/50 percent.
Stocks opened 0.22 percent lower as Colombo's All Share index fell 13.19 points in early trading to 5,973.83, while the S&P SL20 index of more liquid stocks fell a sharp 0.50 percent, down 15.50 points to 3,095.14.
Within the first 15 minutes of trading 18 stocks had declined against 9 that gained.
John Keells Holdings was trading 4 rupees lower at 141 rupees. (COLOMBO, 8 November 2018)