Sri Lanka’s rupee opened weaker on Wednesday, trading at 299.80/300.20 against the US dollar, according to market dealers. The rupee had closed at 299.60/300.00 on Tuesday following a three-day weekend.
Bond yields remained steady with a bond maturing on 15.12.2026 quoted at 11.10/20 percent, up slightly from 11.05/20 percent. Bonds maturing on 01.07.2028 and 15.06.2029 were quoted at 12.70/80 percent and 12.90/13.00 percent, respectively.
In the stock market, Colombo’s All Share Price Index (ASPI) opened 13.82 points higher at 11,508, while the S&P SL20, representing more liquid stocks, gained 0.44 percent or 14.99 points to reach 3,314. Market turnover was recorded at 11 million rupees.
(Colombo/Aug 21, 2024)