šµ Sri Lanka Market Update: Rupee Marginally Weaker, Stock Market Gains š
⢠Foreign Exchange: The Sri Lankan rupee traded slightly weaker at 332.52/60 per US dollar in the spot market, down from 332.40/50 on Tuesday. TT buying/selling rates stood at 327.90/336.90 for US$, 362.11/375.89 for EUR, and 435.03/449.14 for GBP. ⢠Government Securities: Bond yields remained broadly flat while an auction of Rs. 100 Bn Treasury bills was ongoing. Yield dynamics on key maturities included: - 15.09.2029: 11.05/15% (vs 11.08/15%) - 01.08.2030: 11.55/63% (vs 11.55/60%) - 15.10.2030: 11.62/68% (vs 11.63/65%) - 01.02.2031: 11.75/80% (flat) - 01.12.2031: 11.87/93% (vs 11.85/95%) - 15.10.2034: 12.50/60% (flat) ⢠Equities: The Colombo Stock Exchange trended upward in morning trade, driven by positive sentiment: - ASPI: Up 0.67% (+131.19 pts) to 19,823 - S&P SL20: Up 0.74% (+41.68 pts) to 5,653