Market wait for direction
A 01.12.2024 bond traded at 8.24 percent Friday
Aeroflot has been operating to Colombo from 1964
To improve liquidity of debt transactions
No market demand for 6 or 12 month bills, where the price control is barely above the overnight rate
“The market hopes Cabraal can fix the forex and exchange rate issue."
Sri Lanka stocks bounced back and ended 1.82 percent up on Tuesday
The Monday’s percentage fall was the worst performance since February 22 this year.
The debt office raised a total of 41.78 billion rupees from the market
"Some brokers have raised concerns over the valuation of the stocks which are pushing the index."
Banks were forced to ration dollars as supplies continued to be weak
CSE first rise in five sessions
De facto 12-month rate was raised to 6.05-pct last week
Wednesday’s loss was the largest percentage index fall since February 22, the bourse data showed.
Sri Lanka stocks closed 1.46 percent weaker on Tuesday (07), falling for a third straight session
Sri Lanka’s main stock index fell 0.95 percent on Monday (06) as investors booked profits
Bond auctions frozen with hardly any quotes
Foreign investors sold a net 1.5 billion worth of shares
Property tycoon is a naturalized citizen
Sri Lanka’s main stock index hit a fresh all time high on Thursday (02)
Price controls on auctions have led to under-selling of bonds
Only 40 million in 12-month bills sold
Sri Lanka’s main stock index the psychological mark of 9,000 in strong turnover
Sri Lanka’s main stock index gained 1.16 percent to a fresh record high on Tuesday
Material increase in counter party risk could pressure rating
CSE clocked record high throughout last week with the main index breaching 9,000 benchmark.