ECONOMYNEXT – Sri Lanka’s rupee opened weaker at 181.40/50 to the US dollar on Monday from Friday’s close, while bond yields remained flat and stocks opened 0.37 percent higher, brokers and dealers said.
The rupee closed at 181.30/45 to the dollar on Friday.
In equities, Colombo’s All Share Price Index gained 20.90 points to 5,710.80 and the S&P SL20 index of more liquid stocks gained 1.68 percent or 46.33 points to 2,801.75, in the first half-hour of trade.
The market turnover was 15 million rupees with 34 stocks gaining and 6 falling.
Melstacorp was up 1.40 rupees to 44.50 rupees a share, Sampath Bank was 4.90 rupees up at 157.90 rupees a share and Hatton National Bank was up 3.80 rupees to 1.60 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 Monday, steady from Friday’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 10.25/30 percent, marginally down from 10.26/30 percent on Friday.
A 15-year bond maturing on 15.09.2034 was quoted at 10.70/80 percent, down from 10.73/75 percent on Friday.