ECONOMYNEXT – Sri Lanka’s rupee opened stronger at 302.20/35 to the US dollar on Tuesday, dealers said. Bond yields were broadly stable, they said, and stocks opened down 0.25 percent.
The rupee closed at 302.63/73 to the greenback on Monday.
In the secondary market, treasury bond yields were steady, dealers said.
A bond maturing on 15.12.2026 was quoted stable at 10.45/55 percent.
A bond maturing on 15.12.2027 was quoted at 11.75/90 percent, down from 11.80/12.00 percent.
A bond maturing on 15.02.2028 was quoted at 11.95/12.00 percent, up from 11.85/12.00 percent.
A bond maturing on 15.09.2029 was quoted at 12.15/30 percent, up from 12.15/25 percent.
In equities, Colombo’s All Share Price Index opened 29.48 points lower at 11,589, while the S&P SL20 of more liquid stocks opened down at 0.42 percent or 14.28 points to 3,354.
The market turnover was 7 million rupees. (Colombo/July30/2024)