Markets

Reporting on stock market trends, bond yields, commodity prices, and currency exchange rates, along with analysis of how these factors impact investors and businesses.

Bond Yields Markets

Sri Lanka Rupee Kicks Off Trading Day on Stronger Note Against US Dollar at 301.75/302.50

On Thursday, Sri Lanka’s rupee showed a slight improvement, opening at 301.75/302.50 against the US dollar, compared to the previous day’s rate of 302.00/40, according to dealers. Concurrently, bond yields saw an upward trend. Notable changes were observed in bond yields, with a bond maturing on 15.12.2026 quoted at 10.10/20 percent, up from 9.90/10.05 percent.

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Bond Yields Markets

Sri Lanka Sees Decline in Treasury Bill Yields Across Various Maturities

Data from the state debt office revealed a decline in Treasury bill yields across various maturities in Wednesday’s auction. The 3-month yield decreased by 39 basis points, from 9.43 percent to 9.04 percent, with 45 billion rupees in securities offered and 26.56 billion rupees sold. Similarly, the 6-month yield saw a reduction of 33 basis

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Bond Yields Markets

Sri Lankan Rupee Ends Day at 302.00/40 Against US Dollar, Marking a Weaker Close

On Wednesday, Sri Lanka’s rupee closed weaker against the US dollar, ending at 302.00/40 compared to 301/302.00 the previous day, according to dealers. Simultaneously, bond yields saw a downward trend. Bond performances varied, with a bond maturing on 15.12.2026 closing at 9.90/10.05 percent, down from 9.95/10.10 percent. Similarly, bonds maturing on 15.09.2027, 15.03.2028, and 15.09.2029

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Bond Yields Markets

Sri Lankan Rupee Ends Trading Day Weaker at 301/302.00 Against US Dollar

The Sri Lankan rupee faced a slight weakening trend against the US dollar, closing at 301/302.00 compared to the previous day’s 299.00/30, according to dealers. Despite this, bond yields experienced a downward trajectory, indicating fluctuations in the market. In specific bond movements, those maturing on 15.12.2026 saw a decrease, closing at 9.95/10.10 percent from the

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Markets Stock Market

Political Uncertainty Drives Sri Lanka Stocks Down at Closing

On Tuesday, the Colombo Stock Exchange witnessed a downturn, with the All Share Index dropping by 1.12 percent to 12,358 points and the S&P SL20 Index declining by 1.39 percent to 3,671 points, according to data from the exchange. The market’s total turnover amounted to 3.3 billion. Analysts attributed the decline primarily to political uncertainty,

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Bond Yields Markets

Sri Lankan Rupee Starts Trading Weaker Against US Dollar at 300.50/301.00

On Tuesday, Sri Lanka’s rupee showed weakness against the US dollar, opening at 300.50/301.00 compared to the previous day’s rate of 299.00/30, according to dealers. Concurrently, bond yields experienced a downward trend, reflecting fluctuations in the financial market. Specifically, bond yields for various maturities exhibited declines. For instance, a bond maturing on 15.12.2026 saw its

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Bond Yields Markets

Sri Lanka Raises Rs70 Billion through Bonds Maturing from 2028 to 2032

According to data from the state debt office, Sri Lanka has successfully sold 70 billion rupees worth of bonds with maturities in 2028, 2030, and 2032. The debt office managed to sell the entire offered amount of 15 billion rupees of 01 May 2028 bonds at an average yield of 9.00 percent. Additionally, all 25

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Markets

Cigarette Tax Decrease in Sri Lanka Amid Decline in Legal Sales for March Quarter 2024

Sri Lanka’s Ceylon Tobacco Company (CTC) revealed a decline in cigarette sales for the March quarter compared to the previous year, resulting in a decrease in overall revenue amidst tax increments and an economic slowdown. The company reported a drop in revenue to 45.85 billion rupees from 46.93 billion rupees in the same period last

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Bond Yields Markets

Sri Lankan Rupee Starts Trading on Stronger Footing Against US Dollar at 298.80/299.30

Sri Lanka’s rupee started the week on a stronger note against the US dollar, opening at 298.80/299.30 compared to the previous week’s rate of 299.00/30, according to dealers. Bond yields remained relatively stable during the same period, with a bond maturing on 15.12.2026 quoted at 10.45/50 percent, slightly higher than the previous rate of 10.40/55

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Markets

Sri Lanka’s SEC Greenlights Accredited Shariah Scholars for Certification of Islamic Capital Market Products

The Securities and Exchange Commission of Sri Lanka (SEC) has taken a significant step by approving a list of Accredited Shariah Scholars as “Supplementary Service Providers.” These scholars are authorized to certify the Shariah compliance of Islamic Capital Market Products for listing on the Colombo Stock Exchange (CSE) under the Listing Rules. This move aims

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