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» අනං මනං! #/+?.<>
Sri Lanka rupee ends at new low, stocks flat EmptyToday at 3:31 pm by nihal123

» Thread for News on CSE and SL Economy
Sri Lanka rupee ends at new low, stocks flat EmptyToday at 9:04 am by ruwan326

» Devolution of power, civil wars, altruism, nepotism in animal world
Sri Lanka rupee ends at new low, stocks flat EmptyYesterday at 1:22 pm by yellow knife

» East West properties
Sri Lanka rupee ends at new low, stocks flat EmptyYesterday at 12:06 pm by yellow knife

» RCL - Royal Ceramics
Sri Lanka rupee ends at new low, stocks flat EmptyMon Oct 14, 2019 12:47 pm by seek

» Performance of the Market-Weekly
Sri Lanka rupee ends at new low, stocks flat EmptySat Oct 12, 2019 4:29 am by ruwan326

» Confidence to boom after election – CBSL Governor
Sri Lanka rupee ends at new low, stocks flat EmptyFri Oct 11, 2019 4:09 pm by Backstage

» Sri Lanka among top 20 rising stars of world trade
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» CLND Not to miss
Sri Lanka rupee ends at new low, stocks flat EmptyThu Oct 10, 2019 9:24 am by ruwan326

» Dividend Announcement
Sri Lanka rupee ends at new low, stocks flat EmptyWed Oct 09, 2019 4:59 pm by Rana

» අපි නොදන්න ගීතයක කතාව
Sri Lanka rupee ends at new low, stocks flat EmptyFri Oct 04, 2019 11:55 am by nuwanmja

» මූඩීස් ප්‍රකාශය පිළිගන්න බැහැ – මහ බැංකුව කියයි
Sri Lanka rupee ends at new low, stocks flat EmptyWed Oct 02, 2019 6:46 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
Sri Lanka rupee ends at new low, stocks flat EmptyTue Oct 01, 2019 1:29 pm by nihal123

» Ranil agrees to give Sajith candidacy - AdaDetana
Sri Lanka rupee ends at new low, stocks flat EmptyThu Sep 26, 2019 5:05 pm by mymoney

» Cracks in the Real Estate Sector
Sri Lanka rupee ends at new low, stocks flat EmptyThu Sep 26, 2019 2:44 pm by chutiputha

» Films - To Watch List
Sri Lanka rupee ends at new low, stocks flat EmptyFri Sep 20, 2019 8:38 am by Topcat

» ෆිනෑන්ස් බලපත්‍රය අවලංගුයි. අද සිට මුදල් ව්‍යාපාර බැහැ
Sri Lanka rupee ends at new low, stocks flat EmptyFri Sep 20, 2019 7:53 am by serene

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sri Lanka rupee ends at new low, stocks flat EmptyThu Sep 19, 2019 4:33 pm by nuwanmja

» Easter Sunday Attack and Sri Lanka
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» Trading Journal
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» Thought for the day...
Sri Lanka rupee ends at new low, stocks flat EmptyTue Sep 17, 2019 5:44 pm by sashimaal

» කැසිනෝ ව්‍යාපාරික රවී විජේරත්න, අර්බුදයට පත් MTD Walkers මිල දී ගැනීමට සැරසෙයි
Sri Lanka rupee ends at new low, stocks flat EmptyMon Sep 09, 2019 7:47 pm by nihal123

» Happy Birthday
Sri Lanka rupee ends at new low, stocks flat EmptyMon Sep 09, 2019 10:54 am by nuwanmja

»  Rajgama Heroes !
Sri Lanka rupee ends at new low, stocks flat EmptySat Sep 07, 2019 10:24 am by කිත්සිරි ද සිල්වා

» Yahoo mail
Sri Lanka rupee ends at new low, stocks flat EmptyFri Sep 06, 2019 5:38 pm by Rana

» Thread for News on International Markets
Sri Lanka rupee ends at new low, stocks flat EmptyFri Sep 06, 2019 9:50 am by The Invisible

» JINS.N0000 ( Janashakthi Insurance PLC)
Sri Lanka rupee ends at new low, stocks flat EmptyFri Sep 06, 2019 9:47 am by The Invisible

» Browns Investments update
Sri Lanka rupee ends at new low, stocks flat EmptyFri Sep 06, 2019 6:00 am by sanjulanka

» Hayleys MGT
Sri Lanka rupee ends at new low, stocks flat EmptyFri Sep 06, 2019 5:55 am by The Invisible

» SEYB.N0000 ( SEYLAN BANK PLC )
Sri Lanka rupee ends at new low, stocks flat EmptyThu Sep 05, 2019 8:47 pm by soileconomy

» Tourism Sector
Sri Lanka rupee ends at new low, stocks flat EmptyThu Sep 05, 2019 6:08 pm by NIRMALSG

» TJL.N0000 (Textured Jersey Lanka PLC.)
Sri Lanka rupee ends at new low, stocks flat EmptyTue Sep 03, 2019 6:12 pm by Ethical Trader

» UBC Union Bank of Colombo
Sri Lanka rupee ends at new low, stocks flat EmptyTue Sep 03, 2019 12:09 pm by The Invisible

» Obituary Notice.
Sri Lanka rupee ends at new low, stocks flat EmptyMon Sep 02, 2019 10:34 pm by කිත්සිරි ද සිල්වා

» Thread for News on Local and Foreign Politics
Sri Lanka rupee ends at new low, stocks flat EmptySat Aug 31, 2019 5:13 pm by The Invisible

» Sri Lanka bank profitability under pressure: Moody’s
Sri Lanka rupee ends at new low, stocks flat EmptySat Aug 31, 2019 8:44 am by The Invisible

» ‘වැඩකාරයාගේ නමත් සිරිසේන’ කියලා හිනාවුණා
Sri Lanka rupee ends at new low, stocks flat EmptyFri Aug 30, 2019 4:05 pm by sanjulanka

» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
Sri Lanka rupee ends at new low, stocks flat EmptyThu Aug 29, 2019 7:17 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Sri Lanka rupee ends at new low, stocks flat EmptyThu Aug 29, 2019 10:37 am by කිත්සිරි ද සිල්වා

» Sri Lanka to call for bids to develop Mannar Basin natural gas find
Sri Lanka rupee ends at new low, stocks flat EmptyTue Aug 27, 2019 4:32 pm by nuwanmja

» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
Sri Lanka rupee ends at new low, stocks flat EmptySun Aug 25, 2019 11:51 pm by sanjulanka

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
Sri Lanka rupee ends at new low, stocks flat EmptySat Aug 24, 2019 4:26 am by Ethical Trader

» JKH - 155/00 Breakout is pending
Sri Lanka rupee ends at new low, stocks flat EmptyFri Aug 23, 2019 2:21 pm by pjrngroup

» Tokyo as at 21.08.2019 Morning
Sri Lanka rupee ends at new low, stocks flat EmptyWed Aug 21, 2019 10:07 am by nisashi

» What Would You Do?
Sri Lanka rupee ends at new low, stocks flat EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
Sri Lanka rupee ends at new low, stocks flat EmptyMon Aug 19, 2019 10:13 am by Topcat

» NTB.N0000 (NATIONS TRUST BANK PLC)
Sri Lanka rupee ends at new low, stocks flat EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
Sri Lanka rupee ends at new low, stocks flat EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
Sri Lanka rupee ends at new low, stocks flat EmptySun Aug 18, 2019 8:26 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
Sri Lanka rupee ends at new low, stocks flat EmptySun Aug 18, 2019 8:14 pm by The Invisible

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Sri Lanka rupee ends at new low, stocks flat

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Sri Lanka rupee ends at new low, stocks flat Empty Sri Lanka rupee ends at new low, stocks flat

Post by The Invisible on Wed Aug 22, 2018 11:22 am

ECONOMYNEXT- The Sri Lanka rupee closed at a new low of 160.65/75 rupees against the US dollar Tuesday on importer demand as stocks ended flat amidst foreign buying in Lanka Milk Foods and Ceylon Tobacco, brokers and dealers said.

Importer demand was continuing to pressure the currency fuelled by excess rupee liquidity in the banking system, dealers said.

The US dollar closed Monday at 160.50/60 rupees.

Overnight interbank surplus liquidity fell 3.87 billion rupees on Tuesday to 29.64 billion rupees, but was higher compared to 10.29 billion rupees on 25 June.

Gilt yields edged up in the secondary market for government bonds.

A five-year bond maturing in 2023 closed at 9.97/10.04 percent in two-way quotes, marginally narrower from the previous day's close of 10.96/05 percent.

A ten-year bond maturing in 2028 closed at 10.28/42 percent, up from the previous day's 10.25/40 percent.

In equities, Colombo's benchmark All Share index closed 0.06 percent lower, down 3.86 points to 6,040.37, and the S&P SL20 of more liquid stocks closed a sharp 0.42 percent lower, down 13.62 points to 3,213.99.

Market turnover was 464.1 million rupees, up from the previous day's turnover of 193.22 million rupees, with 96 stocks declining in the day against 43 that gained.



Two of the largest market caps, John Keells Holdings closed 60 cents higher at 138.50 rupees and Ceylon Tobacco gained 32.40 rupees to 1,300.80 rupees.

Net foreign selling was 48 million rupees, up from selling of 11.7 million rupees the previous day.

Foreign selling in John Keells Holdings was 98 million rupees, according to Asia Securities. Foreign buying in Ceylon Tobacco was 42 million rupees followed by 23 million rupees in Lanka Milk Foods.

Lanka Milk Foods closed 90 cents lower at 159 rupees.

Hemas Holdings (down 4 rupees to 90 rupees), Softlogic Holdings (down 80 cents to 21.20 rupees), Dialog (down 10 cents to 13.80 rupees) and Distilleries (down 10 cents to 19.90 rupees) weighed down the benchmark index.

Sampath Bank closed 1.30 rupee lower at 276.70 rupees and Lanka Hospital Corporation was down 2.50 rupees to 40 rupees. (COLOMBO, 21 August 2018)
The Invisible
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