On Monday, the Sri Lankan rupee appreciated, opening at 298.80/299.10 against the US dollar, according to market dealers. This marks a strengthening from its previous close of 299.20/60 on Friday.
In the bond market, longer-tenor bonds saw a rise in yields. Notably, the bond maturing on 15th December 2026 was quoted at 11.00/05 percent, a slight decrease from 11.15/25 percent. Meanwhile, the bond maturing on 1st July 2028 saw yields increase to 13.00/05 percent, up from 12.80/95 percent.
However, the stock market experienced a downturn. Colombo’s All Share Price Index (ASPI) opened 29.04 points lower, settling at 10,840. The S&P SL20, which tracks more liquid stocks, also declined by 0.40 percent, or 12.36 points, to 3,046. The market turnover for the day was reported at 12 million rupees.
These movements reflect the ongoing fluctuations in Sri Lanka’s financial markets, influenced by both domestic and global economic factors.