Sri Lanka’s rupee started stronger against the US dollar at 300.60/90 on Monday, marking a positive opening in the financial markets. Bond yields saw a decrease, while equities showed gains in early trading.
On Friday, the rupee closed at 301.70/302.00 against the greenback. In the secondary market, bond yields were observed to be lower:
- Bond maturing on 15.12.2026: 10.80/88 percent, down from 10.90/11.00 percent
- Bond maturing on 15.12.2027: 11.73/78 percent, down from 11.75/80 percent
- Bond maturing on 01.05.2028: 11.85/90 percent, down from 11.90/12.00 percent
- Bond maturing on 15.09.2029: 12.10/15 percent, down from 12.10/30 percent
In the equity market, Colombo’s All Share Price Index opened 20.70 points higher at 11,864, while the S&P SL20 of more liquid stocks rose by 0.47 percent or 16.15 points to 3,470. The market turnover stood at 52 million rupees.