ECONOMYNEXT – Sri Lanka’s rupee was quoted at 181.40/55 to the US dollar on Tuesday steady from Monday’s close in the first half-hour of trading, while bond yields were flat and stocks opened 0.08 percent higher, brokers and dealers said.
In equities, Colombo’s All Share Price Index gained 4.48 points to 5,950.56 and the S&P SL20 of more liquid stocks was up 0.06 percent or 1.88 points to 2,942.74, in the first-half hour of trade.
The market turnover was 8.4 million rupees with 38 stocks gainings and 17 falling.
Dialog Axiata gained 10 cents to 12.60 rupees a share, Browns Investment was up 10 cents to 4.40 rupees a share and Softlogic Life Insurance gained 40 cents to 39.90 rupees a share, contributing to ASPI’s gain.
In the secondary market, yields were stable in somewhat dull trade, dealers said.
Treasury bills worth 16 billion are to be issued through an auction tomorrow with 1.5 billion in three month bills, three billion in six month bills and 11.5 billion in 12 month bills.
A bond maturing on 15.12.2021 was quoted flat at 8.60/70 percent on Tuesday.
A bond maturing 15.07.2023 was quoted at 9.50/60 percent on Tuesday, down from 9.55/60 percent on Monday.
A bond maturing on 15.09.2024 was quoted unchanged at 9.92/97 percent on Tuesday.
A bond maturing on 15.06.2027 was quoted flat at 10.17/23 percent on Tuesday up from 10.15/20 percent.
A 15-year bond maturing on 15.09.2034 was quoted flat at 10.60/70. (Colombo/28Oct/2019)