ECONOMYNEXT- Sri Lanka’s rupee opened weaker at 181.50/60 to the US dollar in the spot market on Monday, while gilt yields were stable and stocks opened 0.39 percent higher, brokers and dealers said.
The rupee closed at 181.45/55 to the greenback on Friday.
In equities, Colombo’s All Share Price Index gained 24.00 points to 6,146.66 and the S&P SL20 index of more liquid stocks fell 0.02 percent or 0.74 points to 2,970.70, in the first half-hour of trade.
Market turnover was 97 million rupees with 21 stocks gaining and 27 falling.
LOLC Holdings gained 13.30 rupees to 159.00 rupees a share, Commercial Leasing & Finance was up 40 cents to 3.80 rupees a share and Browns Investments gained 50 cents to 5.20 rupees a share, contributing to ASPI’s gain.
In the secondary bond market, yields were flat in dull trading, dealers said.
A bond maturing on 15.12.2021 was quoted at 8.70/90 percent on Monday, down from 8.75/90 percent at Friday’s close.
A bond maturing on 15.07.2023 was quoted flat at 9.35/45 percent.
A bond maturing on 15.09.2024 was quoted at 9.70/75 percent, unchanged from Friday.
A bond maturing on 15.10.2027 was quoted at 9.80/90 percent, easing from 9.85/10.00 percent on Friday.
An auctioned 10-year bond maturing on 15.05.2030 was quoted at 10.00/10.30 percent, stable from its last closing.
A bond maturing on 15.09.2034 was quoted flat at 10.20/40 percent.