Sri Lanka rupee opens wider; bond yields flat

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 178.10/60 to the US dollar in the spot market Wednesday, opening slightly wider from Tuesday when the rupee weakened, while bonds markets were quiet ahead of a bill auction, dealers said.

The rupee closed at 178.25/25 on Tuesday, weakening from 176.80/10 to the US dollar Friday.

Bond markets were quiet ahead of a bill auction later in the day, with slighly wider quotes, dealers said.

Twelve month bills closed at 10.65/70 percent on Wednesday, slightly wider from 10.66/68 percent on Tuesday.

A bond maturing on 01.08.2021 was quoted at 10.80/85 percent on Wednesday, from yesterday’s close of 10.80/84 percent.

A bond maturing on 15.12.2023 was quoted at 10.95/00 percent from 10.95/98 a day earlier.

A 7-year bond maturing 01.08.2026 was quoted at 11.15/18 percent from 11.14/17 percent a day earlier.

A bond maturing on 15.01.2027, was quoted at 11.20/23 percent compared to yesterday’s close of 11.20/22 percent.

A bond maturing on 01.09.2028 was quoted at 11.25/35 percent flat from Tuesday.

At the Colombo Stock Exchange, the All Share Price Index was down 0.09 percent or 5.42 points to 5,976.23 in the first 45 minutes of trading, while the more liquid S&P SL20 Index was down 0.29 percent, or 8.98 points to 3,065.65.





Market turnover was 23.2 million rupees.

Commercial Bank share was trading 1.20 rupees down at 112.80 rupees.

Nation Lanka Finance share was down 10 cents to 0.70 cents. 

LOLC Finance was the most active, up 30 cents to 3.80 rupees. (Colombo/Feb06/2019 – SB)

Latest Comments

Your email address will not be published.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