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.

Markets

Gold Price Today in Sri Lanka: 22K and 24K Rates on 14th October 2024

As of 14th October 2024, the gold price in Sri Lanka is as follows: Gold Unit Gold Price Gold Ounce Rs. 775,434.00 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

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Markets

Current Gold Prices in Sri Lanka (October 11, 2024)

As of October 11, 2024, the gold prices in Sri Lanka are as follows: For those looking to invest in gold, 1 gram of 22 Carat gold is priced at Rs. 25,080.

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Stock Market

Colombo Stock Market Closes Higher as JKH Drives Net Foreign Buying

The Colombo Stock Exchange (CSE) saw a modest positive close yesterday, supported by a late-day rally in an otherwise volatile session. The benchmark All Share Price Index (ASPI) increased by 12 points, while the more active S&P SL20 rose by 7 points. Total turnover reached Rs. 1.6 billion, involving the trading of 61 million shares.

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Bond Yields

Sri Lankan Rupee Slightly Stronger at 292.85 to Dollar, Bond Yields Steady

Sri Lanka’s rupee strengthened slightly on Thursday, closing at 292.85/293.00 to the US dollar, improving from the previous day’s rate of 293.00/20, according to dealers. Bond yields remained steady ahead of the upcoming Treasury Bond auction scheduled for Friday, where the central bank plans to issue 95 billion rupees worth of bonds. A bond maturing

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Bond Yields

Sri Lanka Rupee Stable at 293.05/15 Against US Dollar; Bond Yields Steady

Sri Lanka’s rupee opened flat at 293.05/15 to the US dollar on Thursday, unchanged from the previous day’s rate of 293.00/20, while bond yields remained steady, according to dealers. A bond maturing on December 15, 2027, was quoted at 11.45/50 percent, slightly up from 11.40/55 percent the previous day. Similarly, a bond maturing on February

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Markets

Sri Lanka Smartphone Market Grows 218% in Q2 2024, Led by Honor and ZTE

Sri Lanka’s smartphone market experienced a remarkable surge, with 365,000 units shipped in Q2 2024, marking a 218% year-over-year (YoY) growth, according to the International Data Corporation (IDC). This triple-digit growth trend has continued for five consecutive quarters. The surge coincided with major celebrations such as Sinhalese New Year, Vesak Poya, and Poson, during which

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Bond Yields

Sri Lankan Rupee Closes Steady at 293.00/20 to USD, Bond Yields Decline

Sri Lanka’s rupee remained stable, closing at 293.00/20 to the US dollar on Wednesday, unchanged from the previous day’s rate of 293.15/20, according to dealers. Meanwhile, bond yields saw a decline.

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Markets

Gold Prices in Sri Lanka: On October 10, 2024

As of October 10, 2024, the price of 22-carat gold in Sri Lanka stands at Rs. 199,100 for 8 grams (1 Pawn). The rate for 1 gram of 22-carat gold is Rs. 24,890. For those interested in 24-carat gold, the price for 8 grams is Rs. 217,200, while 1 gram costs Rs. 27,150. Here’s a

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Bond Yields

Sri Lankan Rupee Strengthens to 292.75 Against USD, Bond Yields Edge Up

Sri Lanka’s rupee strengthened to 292.75/85 against the US dollar on Wednesday, improving from the previous day’s rate of 293.15/20, according to market dealers. Meanwhile, bond yields showed slight upward movement. An ongoing Treasury bill auction aimed at raising 85,000 million rupees was being closely watched. A bond maturing on December 15, 2026, was quoted

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Bond Yields

Sri Lankan Rupee Closes Stronger at 293.15/20 Against Dollar, Bond Yields Rise

Sri Lanka’s rupee appreciated on Tuesday, closing at 293.15/20 against the US dollar, up from the previous day’s rate of 293.45/55, according to market dealers. This marks a continued strengthening trend for the local currency. Meanwhile, bond yields showed a slight increase ahead of significant Treasury bill and bond auctions scheduled for this week. A

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