Reporting on stock market trends, bond yields, commodity prices, and currency exchange rates, along with analysis of how these factors impact investors and businesses.
Sri Lanka’s rupee opened weaker on Thursday at 304.25/50 against the US dollar, compared to Wednesday’s 303.75/85, according to market dealers. Bond yields saw an upward movement, while the stock market opened stronger. In the secondary bond market, a bond maturing on December 15, 2028, was quoted at 11.85/90 percent, up from 11.70/80 percent the
On Monday, Sri Lanka’s rupee opened weaker at 303.35/85 against the US dollar, a decline from Friday’s rate of 302.25/80, according to dealers. Meanwhile, bond yields have increased, and stock markets showed gains. In the secondary market during the treasury bill auction, the following bond yields were noted: In equities, the Colombo All Share Price
As of September 18, 2024, the price of gold in Sri Lanka remains strong. The rate for 22-carat gold stands at Rs. 25,110 per gram, while 8 grams (or one pawn) of 22-carat gold costs Rs. 200,900. Meanwhile, the rate for 24-carat gold is Rs. 27,390 per gram, and one pawn of 24-carat gold is
As of today, September 13, 2024, gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 775,389.00 24 Carat 1 Gram Rs. 27,360.00 24 Carat 8 Grams ( 1 Pawn ) Rs. 218,850.00 22 Carat 1 Gram Rs. 25,080.00 22 Carat 8 Grams ( 1 Pawn ) Rs. 200,650.00 21
Sri Lanka’s LTL Holding IPO, scheduled for September 13, has been put on hold by the Colombo Stock Exchange (CSE) due to the need for further clarification on new information. The CSE has requested additional details from LTL Holding for review. The statement from the CSE highlighted that the new information should have been disclosed
Sri Lanka’s rupee opened at 300.70/95 against the US dollar on Friday, according to market dealers, while bond yields showed an upward trend. A bond maturing on February 15, 2028, was quoted at 13.55/65 percent, and another bond maturing on June 15, 2029, was quoted at 13.70/75 percent. In the equity market, Colombo’s All Share
As of September 12, 2024, the price of gold in Sri Lanka is as follows: Gold Unit Gold Price Gold Ounce Rs. 757,425.00 24 Carat 1 Gram Rs. 26,720.00 24 Carat 8 Grams ( 1 Pawn ) Rs. 213,750.00 22 Carat 1 Gram Rs. 24,500.00 22 Carat 8 Grams ( 1 Pawn ) Rs. 195,950.00
Sri Lanka’s bond yields increased ahead of a 300 billion rupee auction, with dealers noting a rise in yields for bonds maturing in 2028. In the secondary market, bonds maturing on February 15, 2028, were quoted at 13.30/50%, up from 13.15/40% the previous day. Similarly, bonds maturing on July 1, 2028, rose to 13.70/85% from
On Monday, September 9, 2024, Sri Lankan dollar bonds experienced a sharp sell-off, which may attract bargain hunters as investors reassess their positions ahead of the upcoming presidential elections, market experts suggest. According to Bloomberg, the decline in Sri Lankan dollar bonds intensified as investors reduced their exposure due to rising political uncertainties ahead of
As of September 11, 2024, gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 759,183.00 24 Carat 1 Gram Rs. 26,780.00 24 Carat 8 Grams ( 1 Pawn ) Rs. 214,250.00 22 Carat 1 Gram Rs. 24,550.00 22 Carat 8 Grams ( 1 Pawn ) Rs. 196,400.00 21 Carat