Sri Lanka’s rupee appreciated to open at 297.25/75 against the US dollar on Monday, strengthening from the previous day’s rate of 298.70/299.00, according to market dealers. Bond yields showed an upward trend, with notable increases across several maturities.
A bond maturing on 15.12.2027 was quoted at 11.60/70 percent, up from 11.40/55 percent. Similarly, a bond maturing on 15.02.2028 saw its yield rise to 11.80/90 percent, from 11.75/85 percent.
Further, a bond maturing on 15.06.2029 remained steady at 11.90/12.00 percent, while a bond maturing on 15.05.2030 was quoted at 12.00/20 percent, up from 11.90/12.05 percent.
In the stock market, Colombo’s All Share Price Index (ASPI) opened 0.87 percent higher, gaining 102.87 points to reach 11,876. Meanwhile, the S&P SL20 index of more liquid stocks increased by 1.19 percent or 40.49 points, reaching 3,450. The market turnover was recorded at 409 million rupees.