Notable
Sri Lanka has sold 120 billion rupees of Treasury bills
Market saw a net foreign outflow of 71 million rupees on Wednesday.
Shares fell as Monetary Policy didn't provide anticipated rate cuts.
Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.16 rupees
"Since the anticipated rate cut wasn't met, the market over reacted and moved to red," the analyst said.
"However the market is quite. Mostly due to a bond auction has been announced to held on Monday," a dealer said.
The market generated a turnover of 1.1 billion rupees within the first hour of trade.
Central Bank’s guidance peg for interbank US dollar transactions depreciated by three cents
"active investor participation was witnessed on Banking sector counters and index heavyweights."
President Wickremesinghe told parliament on Tuesday that talks with creditors India and China are successful.
"No t-bills were quoted after the auction,"
Three months down 100 basis points
Delay in IMF continous to dents market sentiments
Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.24 rupees
"Market boosted by the speculation on India likely to support Sri Lanka’s debt restructuring plan"
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 | - | - |
Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.24
Expolanka is driving the market
All districts record decline in crop intake
IMF board approval for Sri Lanka’s Extended Fund Facility (EFF) delayed as negotations with bilateral creditors drag o...
Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.24 rupees
"Debt restructuring could be pushed back to end-2023 due to delays in the IMF programme," a statement said.
Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.24 rupees
Investors on wait and see approach ahead of the earnings report
We use cookies to help us improve and customize your experience. Learn more about how we use cookies in our cookie policy.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2022 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read