ECONOMYNEXT – Sri Lanka’s rupee closed steady at 180.65/75 to the US dollar on Friday from Thursday’s close, while bond yields eased and stocks closed 0.35 percent higher, brokers and dealers said.
Rupee closed at 180.65/70 against the greenback on Thursday.
In the secondary bond market, bond yields eased in active market trade, dealers said.
A bond maturing on 15.12.2021 closed at 8.68/73 percent on Friday steady from 8.68/75 percent from Thursday’s close.
A bond maturing 15.07.2023 closed at 9.65/70 percent, down from 9.75/80 percent on Thursday.
A bond maturing on 15.09.2024 closed at 10.10/15 percent, falling from 10.16/19 percent from Thursday’s close.
A 15-year bond maturing on 15.09.2034 closed at 10.68/72 percent, up from 10.69/72 percent on Thursday.
In equities, Colombo’s All Share Price Index gained 20.22 points to 5,834.66 and the S&P SL20 Index of more liquid stocks up 0.06 percent or 1.67 points to 2,866.44.
The market turnover was 1.1 billion rupees with 95 stocks gaining and 55 falling.
Six last-minute crossings in Dialog Axiata worth 553 million rupees contributed to the market turnover.
Dialog Axiata closed 10 cents up at 10.90 rupees per share, push ASPI up.
LOLC Holdings PLC gained 5.30 rupees to 129.50 rupees a share, People’s Leasing and Finance up 60 cents at 16.10 rupees a share and Browns Investment gained 20 cents to 4.70 rupees a share contributing to ASPI’s gain.
(Colombo/Oct11/2019)