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Sunday February 5th, 2023
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Central Bank’s guidance peg for interbank US dollar transactions appreciated by 17 cents to 361.97 rupees
The positive sentiment helped to boost both market turnover and net foreign buying to their highest in six week.
The index crossed 9,000 mark.
Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.14 rupees
"The current economic environment is pushing the index up, especially the banking counters," an analyst said.
"However the market is dull a day after the bill auction," a dealer said.
The average price for 1,000 nuts fell to 80.811.89 from 84,116.85
"So, the market is not falling sharply,” market analyst said.
"This can be a signal to the market saying the rates will go down in the future."
Only Rs45bn out of Rs120bn sold
Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.14 rupees
The market generated a revenue of 802 million
Expects consumer recovery in next quarter
Investors are seen on a pull back over no of hard assurances from China
The market generated a revenue of 1.1 billion rupees.
| Latest | Last | |
|---|---|---|
| US Dollar | 371.7127 | 371.6601 |
| UK Pound | 453.5962 | 453.9794 |
| Euro | 396.3156 | 396.4763 |
| Aus Dollar | 250.1862 | 251.1981 |
| Yen | 2.8251 | 2.7549 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.3961 | 4.3963 |
| Korea Won | 0.2820 | 0.2791 |
| Oman Rial | 943.2237 | 943.2268 |
| Saudi Riyal | 96.7270 | 96.7115 |
| UAE Dirham | 98.8729 | 98.8786 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,653.84 | -1.51% |
| CSE All Share | 8,420.26 | -1.04% |
| Turnover Rs million | 4,621,153,484 | 2,824,714,520 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 31.03 | 31.03 |
| 6-m bill | 29.57 | 29.60 |
| 12-m bill | 28.41 | 28.41 |
| 5-yr bond | 27.49 | 27.57 |
| 8-yr bond | 27.44 | 27.23 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Older bonds were inactive as market took stock of a spike in a two year bond
2025 bond yield gap makes the bond more attractive than 1 year bills
Many trade unions are up in the arm against tax hike
2027 auction more successful
Top losers during mid day trade were Expolanka, LOLC and Sampath Bank.
The Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.14 rupees
Results in the first quarter are expected to weak
Also we saw investors taking a sideline as quarterly reports started to come
The Central Bank’s guidance peg for interbank US dollar transactions appreciated by another 2 cents to 362.14 rupees
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