The Investor Sentiment - Equity and investments forum for Sri Lankans

Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to if you face any technical difficulties when posting
Display results as :
Advanced Search
Latest topics
ACL CablesWed Dec 30, 2020 7:22 pmsubash
Merry Christmas to AllTue Dec 29, 2020 4:53 pmchutiputha
Trading Journal Sat Dec 12, 2020 11:33 pmxmart
HVA FoodsFri Dec 04, 2020 10:25 amThe Invisible
Tokyo CementMon Nov 23, 2020 9:42 amRajapaksap
Insider Dealings Fri Nov 20, 2020 2:30 ampjrngroup
UML United MotorsTue Nov 10, 2020 8:50 amThe Invisible
ExpolankaMon Nov 09, 2020 8:46 pmsmallville
Plantation Sector UpdatesSat Nov 07, 2020 8:15 amRajapaksap
HAYC - HaycarbFri Nov 06, 2020 12:11 pmsubash
LWL.N0000 (Lanka Walltiles PLC)Fri Oct 16, 2020 12:50 amsubash
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang

Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
The Invisible
The Invisible
Posts : 3060
Join date : 2016-11-28
Age : 41

Sri Lanka rupee weakens, stocks gain 1.22-pct Empty Sri Lanka rupee weakens, stocks gain 1.22-pct

on Fri Jul 06, 2018 8:15 am
Message reputation : 100% (2 votes)
ECONOMYNEXT - The Sri Lanka rupee weakened against the US dollar as import demand outstripped export conversions, while gilt yields were steady and stocks gained 1.22 percent on foreign selling in John Keells Holdings and banking stocks, brokers and dealers said.

The Sri Lanka rupee weakened to 158.90/159.00 rupees against the US dollar in the spot market on import demand, and slower export conversions, dealers said.

Gilt yields were unchanged in the secondary market for government securities.

The greenback closed at 158.65/80 rupees the previous day.

A ten-year bond maturing in 2028 also saw yields unchanged at 10.70/80 percent.

A five-year bond maturing in 2023 closed at 10.43/53 percent in two-way quotes, unchanged from the previous day.

In equities, the Colombo All Share index gained 1.22 percent, up 73.83 points to 6,117.86, and the S&P SL20 of more liquid stocks gained 0.45 percent, up 14.89 points to 3,295.69.

Market turnover was 512.2 million rupees, up 96 percent from the previous day.

Net foreign selling was 163.3 million rupees, against selling of 82 million rupees the previous day.

Foreign selling in John Keells Holdings was 104 million rupees, followed by 61 million rupees in Commercial Bank non-voting shares and 57 million rupees in HNB.

Commercial Bank closed 50 cents higher at 93.10 rupees and HNB fell 1.20 rupees lower to 218.80 rupees.

Distilleries (up 2.10 rupees to 22.30 rupees), John Keells Holdings (up 2 rupees to 140 rupees), Ceylon Tobacco (up 13 rupees to 1,113.10 rupees) and Vallibel One (up 1.60 rupees to 19.70 rupees) contributed to the benchmark index gain.

Off-market negotiated trades, or crossings, amounted to 77.7 million rupees and was 15.2 percent of market turnover.

There was a crossing each in Cargills (30 million rupees), non-voting Commercial Bank shares (27.4 million rupees) and John Keells Holdings (20.3 million rupees).

Cargills was unchanged at 200 rupees. (COLOMBO, 05 July, 2018)
Ethical Trader
Ethical Trader
Top contributor
Top contributor
Posts : 5567
Join date : 2014-02-28

Sri Lanka rupee weakens, stocks gain 1.22-pct Empty Re: Sri Lanka rupee weakens, stocks gain 1.22-pct

on Fri Jul 06, 2018 10:34 am
Back to top
Permissions in this forum:
You cannot reply to topics in this forum