Central bank has relaxed its guidance margin to 3.00 rupees from 2.50 rupees.
Bond market dull
Investor concerns over economic recovery still remains
The new government yet come up with some concrete steps to come out of Sri Lanka's unprecedented economic crisis
Injections despite severe fuel and cooking gas shortages
Sri Lanka sees long queues for fuel around the country
Market fell for the first time in five sessions
Out of a total of 90 billion rupees auctioned, only 16 billion rupees were raised
Investors are closely monitoring the political front for cues, analysts say
Kerb rates ease
NTB group reported earnings of 5.23 rupees per share for the quarter.
Profits at Sri Lanka’s Sampath Bank Plc fell 4.9 percent to 4.9 billion rupees in the March 2022 quarter
Banks are badly affected by a 700 basis points rate hike and a rupee devaluation.
Banks could quote 2.60 rupees plus or minus under the new direction
Sri Lanka’s stock market opened with a 2.5 percent gain on Friday
Up to February US$85mn flows into stocks
Delay in forming a new government could hit sentiment, analysts say
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