On Wednesday, Sri Lanka’s rupee traded at a stronger rate of 302.15/25 to the US dollar, an improvement from the previous day’s rate of 303.00/14. This upward movement in the rupee comes as bond yields experienced significant declines, as noted by dealers in the market.
Currently, there is a treasury bill auction taking place, with an offering of 120 million rupees.
In the bond market, key actively traded bonds are seeing notable shifts:
- A bond maturing on February 15, 2028, is now quoted at 12.60/70 percent, a decrease from 13.00/08 percent.
- Similarly, a bond maturing on June 15, 2029, is quoted at 12.70/75 percent, down from 13.20/28 percent.
In the equities market, the Colombo All Share Price Index has risen by 1.21 percent, or 137.05 points, reaching 11,471. Conversely, the S&P SL20 index, which includes more liquid stocks, opened 1.73 percent lower, down 56.12 points at 3,291.
The overall market turnover was reported at 1 billion rupees, reflecting active trading conditions.