ECONOMYNEXT- Sri Lanka’s rupee was quoted weaker at 181.45/55 to the US dollar in the spot market on Thursday while bond yields remained unchanged and stocks opened 0.03 percent higher, dealers said.
The rupee closed at 181.42/47 to the greenback on Wednesday.
In equities, Colombo’s All Share Price Index (ASPI) up 1.85 points to 5,880.29 and the S&P SL20 index of most liquid stocks climbed 0.10 percent or 2.70 points to 2,787.53 within half-hour of trade.
Market turnover was 18 million rupees while 17 stocks gained and 20 fell.
Ceylon Tobacco Company gained 3.30 rupees to 1,150.00 rupees a share, Melstacorp shares up 50 cents to 38.00 rupees a share and Browns Investment gained 10 cents to 5.10 rupees a share, contributing to ASPI’s gain.
In the secondary government securities market, bond yields remained flat in moderate trade, where the 2024 bond maturities were the most liquid, a dealer said.
A bond maturing on 15.12.2021 was quoted at 8.70/85 percent on Thursday, easing from 8.80/95 percent at Wednesday’s close.
A bond maturing on 01.09.2023 was quoted at 9.10/20 percent, sliding from 9.15/25 percent at yesterday’s close.
A bond maturing on 15.09.2024 was quoted at 9.47/49 percent on Thursday, stable from 9.47/50 percent yesterday’s close.
A bond maturing on 15.10.2027 was quoted at 9.60/65 percent, falling from 9.62/69 at yesterday’s close.
A bond maturing on 15.05.2030 was quoted at 9.80/90 percent, down from 9.85/95 percent.
A bond maturing on 15.09.2034 was quoted at 9.75/9.90 percent, steady from 9.75/10.00 percent. (Colombo/Feb13/2020)