ASPI opens in green as market sentiment remains cautious
Sri Lanka’s rupee opened broadly stable on Monday, trading at 299.45/60 against the US dollar in the spot market, unchanged from Friday’s close of 299.50/60, currency dealers reported.
Meanwhile, government bond yields saw a marginal upward movement across maturities. The yield on the bond maturing on 15.02.2028 was quoted at 8.75/85 percent.
The bond maturing on 15.12.2029 rose to 9.57/63 percent from a previous 9.48/62 percent. Yields on longer-dated bonds also edged higher, with the 15.03.2031 bond quoted at 9.80/10.00 percent, while the 15.09.2034 bond stood at 10.40/60 percent, up slightly from 10.43/56 percent.
Equities opened in positive territory, with the All Share Price Index (ASPI) ticking up by 0.05 percent, signaling cautious optimism in the market.