Sri Lanka’s capital market is bracing for a cautious approach as it awaits President-elect Anura Kumara Dissanayake’s inaugural speech, with investors eager for insights into the future policy direction under his leadership. While a “wait-and-see” sentiment prevails, there is a hint of short-term optimism, as analysts believe Dissanayake’s leftist victory has already been factored into
Sri Lanka’s rupee strengthened on Monday, trading at 303.90/304.10 against the US dollar, an improvement from Friday’s 305.25/306.00, following the election of a new president, according to market dealers. Bond yields also declined, while stocks saw a dip at the opening. A bond maturing on February 15, 2028, was quoted at 13.58/13.63 percent, down from
Sri Lanka’s rupee opened weaker on Friday at 305.00/75 to the US dollar, compared to 304.50/80 on Thursday, according to market dealers. Despite the weaker rupee, bond yields remained broadly steady, while the stock market saw an upward movement. A bond maturing on 15.02.2028 was quoted at 13.60/70 percent, slightly lower than the previous day’s
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
On Monday, Sri Lanka’s rupee opened weaker at 303.35/85 against the US dollar, a decline from Friday’s rate of 302.25/80, according to dealers. Meanwhile, bond yields have increased, and stock markets showed gains. In the secondary market during the treasury bill auction, the following bond yields were noted: In equities, the Colombo All Share Price
Sri Lanka’s LTL Holding IPO, scheduled for September 13, has been put on hold by the Colombo Stock Exchange (CSE) due to the need for further clarification on new information. The CSE has requested additional details from LTL Holding for review. The statement from the CSE highlighted that the new information should have been disclosed
Sri Lanka’s rupee opened at 300.70/95 against the US dollar on Friday, according to market dealers, while bond yields showed an upward trend. A bond maturing on February 15, 2028, was quoted at 13.55/65 percent, and another bond maturing on June 15, 2029, was quoted at 13.70/75 percent. In the equity market, Colombo’s All Share
The Colombo Stock Exchange (CSE) experienced a notable downturn yesterday as the All Share Price Index (ASPI) slipped to a negative Year-to-Date (YTD) return for the first time in 2024, closing down by 0.65% with a YTD negative return of 0.78%. The S&P SL20 index also saw a sharp decline of 1.17%, increasing its YTD
Sri Lanka’s rupee opened weaker at 299.10/40 against the US dollar on Monday, according to market dealers. Bond yields showed an upward trend, while stock markets saw a modest rise of 0.06 percent. The rupee had closed at 299.10/30 against the greenback last Friday. In the secondary bond market: In equities, Colombo’s All Share Price
Sri Lanka’s rupee opened stronger on Friday, trading at 298.70/80 against the US dollar, according to market dealers. The rupee had closed at 298.80/90 on Thursday. Bond yields also saw an uptick, and stocks opened with a slight rise of 0.09 percent. In the secondary bond market: In the stock market, the Colombo All Share