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Sunday March 26th, 2023
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ASPI edged up 0.67 percent or 64.34 points to 9,734.76
IMF executive board is scheduled to review a loan proposal on March 20
The rupee closed around 337/344 to the US dollar Thursday, with activity also down
Top gainers were Lanka IOC, Hayleys and Commercial Bank.
Sri Lanka’s treasury bond yields were down while t-bills edged up at close on Wednesday, following a bill auction.
All maturities fell more than 100 basis points
ASPI closed up 0.58 percent, or 55.62 points higher, at 9,703.48.
Issue of 180,000 million rupees Treasury Bonds is scheduled on March 13
Revenue on shipbuilding, repairing and heavy engineering segments grew during 2022.
Rupee has strengthened around 15% in the last four sessions.
Business was done as strong as 315 to the US dollar
Turnover was focused on big cap counters based on retail indexes.
Issue of 180,000 million rupees Treasury Bonds is scheduled on March 13
Bonds closed down following a bill auction on Wednesday
Market slowed down by the end of the day as some profit taking coming in mainly in banking sector
Yields across maturities fell
| Latest | Last | |
|---|---|---|
| US Dollar | 328.6083 | 334.9328 |
| UK Pound | 404.2407 | 411.1914 |
| Euro | 358.1529 | 359.7836 |
| Aus Dollar | 221.9914 | 225.8025 |
| Yen | 2.5191 | 2.5583 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.8504 | 4.0593 |
| Korea Won | 0.2471 | 0.2566 |
| Oman Rial | 824.2395 | 870.3981 |
| Saudi Riyal | 84.4779 | 89.2088 |
| UAE Dirham | 86.3927 | 91.2333 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,722.94 | -1.64% |
| CSE All Share | 9,395.98 | -1.38% |
| Turnover Rs million | 3,437,599,160 | 1,512,188,680 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 26.95 | 28.13 |
| 6-m bill | 26.26 | 27.13 |
| 12-m bill | 25.26 | 26.11 |
| 5-yr bond | 26.01 | 25.82 |
| 8-yr bond | 24.73 | 24.73 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Significant interest in banking and financial sector was seen as there are potential conclusions towards IMF.
"We hope to see a positive result, with investors actively participating in the bill auction"
Significant interest in banking and financial sector was seen
"The market was highly active after the comments regarding IMF" dealers said.
“We expect Board Approval in the third or fourth week of March,” President Wickremesinghe said.
Trades were done around 325 to 330 rupees
The CBSL last quoted guidance peg stood at 346.17 rupees against the US dollar.
Prices of all High, Medium and Low Growns saw an increase during the auction.
The auction offered 711,308 coconuts and 579,801 nuts were sold.
"The market was moving on a positive sentiment based on IMF and it was also seen that the currency appreciated."
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