Sri Lanka rupee flat, bonds close lower

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 182.10/25 to the US dollar in the spot market Wednesday almost unchanged, while bond yields fell,  and stocks gained, dealers said.

The rupee closed at 182.10/20 levels to the US dollar Tuesday, dealers said.

After the bill auction the 12-month bill 12-month was quoted 10.60/70, compared to the auction average of 10.70 percent at today’s auction.

A bond maturing on 15.12.2021 was closed at 10.73/80 percent Wednesday down from yesterday’s close of 10.80/90 percent, dealers said.

A bond maturing on 15.12.2023, closed at 11.20/25 percent Wednesday down from 11.30/35 on Tuesday.

A 6-year bond maturing on 15.03.2025 bond closed at 11.37/11.43, down from yesterday’s of 11.41/47 percent.

A bond maturing on 01.06.2026 closed at 11.40/11.47 percent down form Tuesday’s 11.46/50 percent.

A bond maturing on 01.09.2028 bond closed at 11.40/50 down from Tuesdays 11.48/55 percent.

The All Share Price Index of the Colombo Stock Exchange closed 0.12 percent  or 7.39 points higher at 5,951.56 on Wednesday from the previous close.

The more liquid S&P SL20 Index was down 0.41 percent or 12.59 points to 3,032.73.

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Foreigners bought into the market with inflows of 20.9 million rupees on a turnover of 202.5 million rupees.

There was buying interest in Sri Lanka Telecom Plc stock, up 2.40 rupees to 24.50 rupees per share, pushing up the index. 

Cargills (Ceylon) Plc share gained 7.60 rupees from the previous close, ending at 200 rupees on Wednesday.

John Keells stock was up 1 rupee to 153 rupees per share.

Overall, 70 stocks gained at 69 stocks closed lower on Wednesday. (Colombo/Jan23/2019)

 

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