Sri Lanka rupee steady, bonds yields fall in active trade
Jan 30, 2019 09:48 AM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka's rupee was quoted at 180.80/10 to the US dollars in the spot market in morning trade, after strengthening yesterday, while bond yields fell in active trading, dealers said.
The rupee closed at 180.90/15 to the US dollar Tuesday, after gaining from 181.40/60 levels a day earlier.
Bond markets were active with yields of several maturities falling dealers said.
A bond maturing on 15.12.2021 was quoted at 10.85/93 percent, from yesterday's closing of 10.88/95 percent.
A bond maturing on 15.12.2023, was quoted at 11.14/17 percent down from yesterday's 11.20/23 percent.
A 7-year bond maturing 01.08.2026 was quoted at 11.35/40 percent down from yesterday's 11.40/45 percent.
A bond maturing on 01.06.2026 was quoted at 11.34/40 yesterday's 11.40/45 percent.
A bond maturing on 01.09.2028 was quoted at 11.40/50 percent yesterday's 11.50/60 percent.
At the Colombo Stock Exchange, the All Share Price Index was up 0.06 percent or 3.36 points at 6,000.48 in the first hour and half of trading.
The more liquid stocks in the S&P SL20 Index were up 0.16 percent or 4.85 points at 3,087.37.
Turnover was 473 million rupees.
Nation Lanka Finance was the most traded, flat at 60 cents per share.
MTD Walkers Plc share gained 1.30 rupees, trading at 17.80 rupees.
Lion Brewery Ceylon was trading at 590 rupees per share, up 30 rupees, while Royal Ceramics Lanka was trading at 78.90 rupees, up 5.90 rupees.
Seven out of 18 listed plantation company stock were trading lower, continuing a trend seen since Monday, after the firms signed a labour agreement with trade unions that increased daily wages for employees.(Colombo/Jan30/2019)