ECONOMYNEXT – Sri Lanka’s rupee was quoted weaker at 181.36/40 to the US dollar on Friday while bond yields were flat and stocks opened 0.52 percent higher, brokers and dealers said.
The rupee closed at 181.20/30 against the greenback on Friday.
In equities, Colombo’s All Share Price Index gained 31.00 points to 6,021.24 and the S&P SL20 index of more liquid stocks was up 0.04 percent or 1.20 points to 2,981.31, in the first hour of trade.
Market turnover was 789 million rupees with 73 stocks gaining and 30 falling.
Distilleries Company of Sri Lanka gained 80 cents to 18.30 rupees a share, Commercial Leasing and Finance was up 20 cents to 3.80 rupees a share and LOLC Holdings gained 2.90 rupees to 122.90 rupees a share, contributing to ASPI’s gain.
In the secondary bond market, yields were flat in dull trade, dealers said.
A bond maturing on 15.12.2021 was quoted flat at 8.65/75 on Friday from Thursday’s close.
A bond maturing 15.07.2023 was quoted flat at 9.60/70 percent.
A bond maturing on 15.09.2024 was quoted at 10.02/10.06 percent, marginally up from 10.00/10.07 percent.
A bond maturing on 15.10.2027 was quoted at 10.27/30 percent unchanged from the previous close.
A 15-year bond maturing on 15.09.2034 was quoted at 10.60/68 percent, stable from Thursday. (Colombo/Nov01/2019)
(COLOMBO, 01 November 2019)