Header Ad

Sri Lanka rupee closes flat, stocks gain

ECONOMYNEXT – Sri Lanka rupee closed flat at 186.60/70 to the US dollar on Monday while bond yields continued to fall and stocks closed 1.12 percent up, dealers said brokers said.

Rupee closed on Friday at 186.60/65 against the greenback.

In equities market, Colombo’s All Share Price Index (ASPI) advanced 56.08 points up at 5,046.50.
The S&P SL20 index of more liquid stocks opened 3.01 percent or 64.82 points higher at 2,221.35.

Market turnover amounted to 1.2 billion rupees with 112 stocks making gains and 44 stocks falling.

John Keells Holdings shares dragged the ASPI up trading 2.30 rupees higher at 119.30 rupees.

Commercial Bank of Ceylon shares traded 3.10 rupees higher at 74.10 rupees a share, while LOLC Holdings went up by 6.10 rupees to trade at 129.40 rupees a share.

In the secondary government securities market, yields came down in an active market trade, dealers said.

Dealers said that almost all maturities were highly liquid.

A bond maturing on 01.08.2021 closed at 5.70/90 percent whereas it closed 5.90/6.00 percent at the previous day’s close.

A new 2-year bond maturing on 15.12.2022 closed at 6.18/23 percent, sliding from 6.25/35 percent at Friday’s end.





A bond maturing on 15.01.2023 closed at 6.25/30 percent, falling from 6.30/40 percent.

A bond maturing on 15.09.2024 closed at 6.90/7.00 percent, easing from 6.95/7.00 percent at the
previous day’s close.

A bond maturing on 01.05.2025 closed at 7.10/17 percent on Monday, down from 7.12/18 percent at last week’s end.

A bond maturing on 01.02.2026 closed at 7.25/30 percent, up from 7.20/30 percent at Friday’s end.

A bond maturing on 15.10.2027 was quoted at 7.35/45 percent, down from 7.45/52 percent at the previous day’s close. (Colombo/June22/2020)

Latest Comments

Your email address will not be published. Required fields are marked *