Header Ad

Sri Lanka rupee opens stronger, stocks gain 

ECONOMYNEXT – Sri Lanka rupee was quoted stronger at 185.80/90 to US dollar in the spot market on Thursday while bond yields eased and stocks gained, dealers and brokers said.

Rupees closed at 185.80/90 to the US dollar on Wednesday.

In equities market, Sri Lanka stocks advanced 0.66 percent on Thursday, provisional data shows.

Colombo’s main All Share Price index (ASPI) climbed 32.47 points to 4,949.16.

The S&P SL20 index of more liquid stocks was up 1.17 percent or 24.46 points at 2,120.41.

Market turnover amounted to 2019.7 million rupees with 72 stocks making gains while 18 stocks made losses.

John Keells Holdings contributed mostly to ASPI’s gain trading at 109.20 rupees a share, up 1.70 rupees (1.58 percent).

John Keells Hotels stocks were up 80 cents a share trading at 7.80 rupees while Melstacorp PLC shares advanced 90 rupees to trade at 28.90 rupees a share, also contributing to the ASPI’s gain.

In the secondary government securities market, gilt yields came down in moderate trading, dealers said.

Dealers said that 2023 to 2024 maturities were seen liquid in the market for the day.





A 2-year bond maturing on 15.12.2022 was quoted at 5.32/38 percent on Thursday, down from 5.42/48 percent at Wednesday’s close.

A bond maturing on 15.01.2023 was quoted at 5.40/43 percent, down from 5.47/52 percent at Wednesday’s close.

A bond maturing on 15.09.2024 was quoted at 6.03/08 percent, down from 6.08/12 percent at yesterday’s closing.

A bond maturing on 01.05.2025 was quoted at 6.25/30 percent on Thursday, down from 6.28/25 percent at Wednesday’s closing.

A bond maturing on 01.02.2026 was quoted at 6.40/45 percent, falling from 6.42/48 percent.

A bond maturing on 15.10.2027 was quoted at 6.60/65 percent, up from 6.57/67 percent at Wednesday’s end.


Tags :

Latest Comments

Your email address will not be published.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