Sri Lanka stocks fall at open, bond yields steady after Coronavirus curfews
ECONOMYNEXT – Sri Lanka’s stocks fell 0.9 percent shortly after opening and bonds yields were steady on Monday after several parts of the capital Colombo was put under Coronavirus curfews as health officials hunted Covid-19 contacts, dealers and brokers said.
The Colombo All Share Index was down 0.97 percent falling 56 points to 5,712 points in the first half hour of trading, provisional stock exchange data showed.
The spot rupee was quoted at 184.30/35 to the US dollar in mid-morning trade Monday, from Friday’s closing of 184.20/35 rupees.
A 2-year bond maturing on 15.12.2022 was quoted at 5.50/60 per cent on Monday, from 5.55/60 per cent Friday’s closing.
A bond maturing on 15.01.2023 was quoted at 5.55/62 per cent from 5.58/68 percent.
A bond maturing on 15.09.2024 was quoted at 6.08/13 per cent, from 6.05/10 per cent.
A bond maturing on 01.05.2025 was quoted at 6.33/40 per cent, from 6.35/40 per cent .
A bond maturing on 01.02.2026 was quoted at 6.57/60 per cent, from 6.58/62 per cent.
A bond maturing on 15.08.2027 was quoted at 6.85/95 per cent, flat from 6.85/95 per cent.
A bond maturing on 01.07.2028 was quoted at 7.08/10 per cent, unchanged from 7.07/13 percent.
A 10-year bond maturing on 15.05.2030 was quoted at 7.35/50 per cent unchanged. (Colombo/Oct23/2020)