Sri Lanka’s rupee opened weaker on Thursday at 304.25/50 against the US dollar, compared to Wednesday’s 303.75/85, according to market dealers. Bond yields saw an upward movement, while the stock market opened stronger.
In the secondary bond market, a bond maturing on December 15, 2028, was quoted at 11.85/90 percent, up from 11.70/80 percent the previous day. Meanwhile, a bond maturing on June 15, 2029, was quoted at 13.70/75 percent, slightly lower than Wednesday’s 13.80/90 percent.
In equities, Colombo’s All Share Price Index (ASPI) rose by 34.15 points to reach 10,860, and the S&P SL20 index of more liquid stocks gained 0.91 percent or 27.54 points, reaching 3,064.
The market turnover for the day stood at 50 million rupees.