Business

John Keells Holdings Completes Delisting of Luxembourg GDR Programme

John Keells Holdings has announced the successful completion of the delisting of its Global Depositary Receipt (GDR) programme from the Luxembourg Stock Exchange. In November 2023, the company’s board decided to terminate the GDR programme due to the relatively low number of GDRs in circulation and their minimal impact on trading in the company’s securities.

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Bond Yields

Sri Lankan Rupee Opens Weaker at 299.80/300.20 Against US Dollar; Stocks Edge Higher

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

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Bond Yields

Sri Lanka Rupee Opens at 298.90/299.20 Against US Dollar; Bond Yields Steady

On Monday, Sri Lanka’s rupee opened at 298.90/299.10 against the US dollar, slightly stronger than Friday’s close of 299.00/10. Bond yields remained steady, with minimal activity ahead of the upcoming treasury bill auction on August 21. A bond maturing on June 15, 2029, was quoted stable at 12.90/13.00 percent, while a bond maturing on May

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Bond Yields

Sri Lankan Rupee Strengthens to 298.50/60 Against US Dollar; Bond Yields Edge Down

Sri Lanka’s rupee opened stronger on Friday at 298.50/60 against the US dollar, improving from the previous day’s close of 298.95/299.05, according to dealers. Bond yields showed a slight decrease, while the stock market saw a positive opening. In the secondary market, treasury bond yields were mixed: In the equities market, Colombo’s All Share Price

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Bond Yields

Sri Lanka Rupee Opens Flat; Bond Yields and Stocks Steady

Sri Lanka’s rupee opened flat at 299.50/70 against the US dollar on Tuesday, according to dealers. Bond yields remained largely steady, while stocks experienced a slight increase. The rupee had closed at 299.50/80 to the dollar on Monday. In the secondary bond market, yields saw some changes: a bond maturing on 15.12.2026 was quoted at

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Stock Market

CSE Remains Sluggish Amid Investor Caution

The Colombo Stock Exchange (CSE) experienced another day of poor performance, with both indices falling over 0.3% and a turnover of Rs. 629 million involving 18.7 million shares. The market’s overall sentiment remained subdued as investors awaited more clarity amidst ongoing political uncertainties. The All Share Price Index (ASPI) began the day positively, reaching an

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Stock Market

Colombo Stock Exchange Marginally Up Amid Year’s Lowest Turnover

The Colombo Stock Exchange closed with slight gains on Wednesday, according to its site data. The broader All Share Index (ASPI) edged up 0.01 percent, or 1.08 points, closing at 11,294. Meanwhile, the more liquid S&P SL20 Index fell 0.09 percent, or 2.91 points, ending at 3,223. Turnover was recorded at 320 million, marking the

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Stock Market

Sri Lanka Stocks Close Higher, John Keells Experiences Foreign Selling

The Colombo Stock Exchange closed higher on Tuesday, as indicated by data on its site. The broader All Share Index rose by 0.37 percent, or 42.09 points, closing at 11,293, while the more liquid S&P SL20 Index increased by 0.39 percent, or 12.44 points, ending at 3,226. Turnover for the day was 582 million rupees,

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Bond Yields

Sri Lankan Rupee Steady Against US Dollar, Stock Market Opens Higher

Sri Lanka’s rupee opened almost unchanged at 302.10/30 to the US dollar on Friday, maintaining stability from the previous day’s close of 302.20/30. Bond yields remained broadly steady, according to dealers. In the secondary market, treasury bond yields were largely stable: In the equities market, Colombo’s All Share Price Index (ASPI) opened 32.66 points higher

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