Colombo Bourse Slips as Turnover Hits Six-Week Low While Rupee Strengthens
ASPI and S&P SL20 eased on thin turnover as the rupee strengthened and short-tenor bond yields declined in today's market session.
ASPI and S&P SL20 eased on thin turnover as the rupee strengthened and short-tenor bond yields declined in today's market session.
Foreign holdings of Sri Lankan government securities dropped to LKR 206.1Bn, ending seven weeks of steady accumulation.
Short and mid-tenor government bond yields fell on buying interest, while 2034 and 2035 maturities saw modest selling pressure.
The LKR appreciated to 330.35 against the dollar as banking system liquidity edged higher, offering relief for importers and debt servicing.
CSE turnover fell to LKR 750Mn, 69% below average, as ASPI and S&P SL20 dipped slightly amid thin investor participation.
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