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» Devolution of power, civil wars, altruism, nepotism in animal world
Sri Lanka rupee ends steady, stocks flat EmptyToday at 7:30 am by yellow knife

» RCL - Royal Ceramics
Sri Lanka rupee ends steady, stocks flat EmptyYesterday at 12:47 pm by seek

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

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

» Sri Lanka among top 20 rising stars of world trade
Sri Lanka rupee ends steady, stocks flat EmptyFri Oct 11, 2019 4:08 pm by Backstage

» CLND Not to miss
Sri Lanka rupee ends steady, stocks flat EmptyThu Oct 10, 2019 9:24 am by ruwan326

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

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

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

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

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

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

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

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

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

» Easter Sunday Attack and Sri Lanka
Sri Lanka rupee ends steady, stocks flat EmptyThu Sep 19, 2019 12:49 pm by Ethical Trader

» Trading Journal
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» Thought for the day...
Sri Lanka rupee ends steady, 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 steady, stocks flat EmptyMon Sep 09, 2019 7:47 pm by nihal123

» Happy Birthday
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»  Rajgama Heroes !
Sri Lanka rupee ends steady, stocks flat EmptySat Sep 07, 2019 10:24 am by කිත්සිරි ද සිල්වා

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

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

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

» Browns Investments update
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» Hayleys MGT
Sri Lanka rupee ends steady, stocks flat EmptyFri Sep 06, 2019 5:55 am by The Invisible

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

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

» Thread for News on CSE and SL Economy
Sri Lanka rupee ends steady, stocks flat EmptyWed Sep 04, 2019 6:35 pm by NIRMALSG

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

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

» Obituary Notice.
Sri Lanka rupee ends steady, 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 steady, stocks flat EmptySat Aug 31, 2019 5:13 pm by The Invisible

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

» ‘වැඩකාරයාගේ නමත් සිරිසේන’ කියලා හිනාවුණා
Sri Lanka rupee ends steady, 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 steady, stocks flat EmptyThu Aug 29, 2019 7:17 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Sri Lanka rupee ends steady, 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 steady, stocks flat EmptyTue Aug 27, 2019 4:32 pm by nuwanmja

» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
Sri Lanka rupee ends steady, 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 steady, stocks flat EmptySat Aug 24, 2019 4:26 am by Ethical Trader

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

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

» අනං මනං! #/+?.<>
Sri Lanka rupee ends steady, stocks flat EmptyTue Aug 20, 2019 8:18 pm by ruwan326

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

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

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

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

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

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

» SAMP.N0000 (SAMPATH BANK PLC)
Sri Lanka rupee ends steady, stocks flat EmptySat Aug 17, 2019 12:44 pm by nuwanmja

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Sri Lanka rupee ends steady, stocks flat

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Sri Lanka rupee ends steady, stocks flat Empty Sri Lanka rupee ends steady, stocks flat

Post by The Invisible on Mon Sep 03, 2018 7:26 am

ECONOMYNEXT – The Sri Lanka rupee closed steady against the US dollar Friday on easing demand for the currency by banks, as stocks ended flat amidst foreign selling in John Keells Holdings, brokers and dealers said.

The rupee closed the week at a narrower range of 161.45/50 rupees against the US dollar in the spot market with foreign selling in government bonds and importer demand seen easing, dealers said.

The rupee closed Thursday at 161.40/50 rupees against the greenback after falling to an intra-day low of 161.50/60, dealers said.

Excess liquidity in recent weeks was fuelling importer demand, dealers said.

Overnight money market rupee liquidity was down by 1.6 billion rupees on Friday to 26.64 billion rupees. Overnight liquidity was 10.29 billion on 25 July.

Gilt-yields closed steady in the secondary market for government bonds.

A five-year bond maturing in 2023 closed at 9.88/95 percent in two-way quotes, down from 9.90/97 percent the previous day. A ten-year bond maturing in 2028 closed 10.20/28 percent, quoted at a narrower range from the previous day's closing of 10.22/28 percent.

In equities, Colombo's All Share continued two days of gains to close 0.06 percent higher, up 3.58 points to 6,080.26, and the S&P SL20 of more liquid stocks fell 0.36 percent, down 11.79 points to 3,229.21.

During the day 77 stocks gained against 64 that declined on a market turnover of 639 million rupees, up from the previous day's turnover of 337.9 million rupees.

BRAC Lanka Finance (up 7.30 rupees to 48.20 rupees), Asian Hotels and Properties (up 3.90 rupees to 40.90 rupees) and Ceylon Tobacco (up 9 rupees to 1,339 rupees) contributed to the benchmark index gain.

Net foreign selling was 99.8 million rupees, compared to selling of 76.9 million rupees the previous day.

Foreign selling in John Keells Holdings was 70 million rupees, according to Asia Securities. John Keells Holdings closed unchanged at 140 rupees.

Crossings, or off market negotiated trades amounted to 366.9 million rupees, accounting for 57.4 percent of market turnover.

There was a crossing each at Bimputh Finance for 94.3 million rupees, John Keells Holdings 56 million rupees, Union Assurance 55 million rupees, Seylan Bank 39.8 million rupees and Sampath Bank 28.1 million rupees.

Three crossings in Commercial Bank totalled 93.6 million rupees.

Bimputh Finance closed 2.70 rupees higher at 30.80 rupees and Union Assurance gained 15.80 rupees to 291.10 rupees.

Seylan Bank closed 40 cents lower at 74.70 rupees and Sampath Bank was 10 cents higher at 279.90 rupees.

Commercial Bank gained 90 cents to close at 125 rupees. (COLOMBO, 31 August 2018)
The Invisible
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