Sri Lanka’s rupee held steady at 303.60/65 to the US dollar on Thursday, according to dealers. The currency was nearly unchanged from Wednesday’s close of 303.55/65. Bond yields remained broadly stable following the central bank’s policy rate cut, while stocks saw a slight increase.
In the secondary bond market, yields showed minimal movement. A bond maturing on 15.12.2026 was quoted at 10.35/43 percent, up slightly from 10.30/45 percent. Bonds maturing on 15.12.2027 and 15.02.2028 remained steady at 11.60/70 percent and 11.75/80 percent, respectively. A bond maturing on 15.09.2029 saw a minor decrease to 12.03/10 percent from 12.02/12 percent.
In the stock market, the Colombo All Share Price Index opened 13.97 points higher at 11,715, while the S&P SL20 Index of more liquid stocks rose by 0.15 percent, or 5.14 points, to 3,418. Market turnover was recorded at 81 million rupees.