Sri Lanka rupee opens stable, bond yields flat
ECONOMYNEXT – Sri Lanka’s rupee opened flat at 181.45/65 to the US dollar on Friday from Thursday’s close,while bond yields remained flat and stocks opened 0.01 percent higher, brokers and dealers said.
In equities, Colombo’s All Share Price Index gained 0.38 points to 5,677.88 and the S&P SL20 index of more liquid stocks gained 0.20 percent or 5.40 points to 2,750.18, in the first half-hour of trade.
The market turnover was 19 million rupees with 7 stocks gaining and 2 falling.
SMB Leasing was up 10 cents to 1,050.00 rupees a share, Asian Hotels & Properties 20 cents up at 43.00 rupees a share and East West Properties up 30 cents to 8.80 rupees a share, contributing to the rise of the ASPI.
Rates were flat in the secondary bond market, dealers said.
A bond maturing on 15.12.2021 was quoted at 8.75/8.80 percent on Friday, steady from Thursday’s close.
A bond maturing 15.07.2023 was quoted flat at 9.85/90 percent.
A bond maturing on 15.09.2024 was quoted at 10.26/30 percent, marginally up from 10.25/30 percent on Wednesday.
A 15-year bond maturing on 15.09.2034 was quoted flat at 10.73/78 percent.