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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyToday at 10:49 am by nihal123

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyYesterday at 10:10 am by LSE

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptySat Mar 28, 2020 2:32 am by pjrngroup

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyFri Mar 27, 2020 4:12 pm by The Invisible

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyFri Mar 27, 2020 12:02 pm by nihal123

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyTue Mar 24, 2020 9:59 pm by කිත්සිරි ද සිල්වා

» Why we need to practise social distancing
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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyMon Mar 23, 2020 7:18 am by The Invisible

» SAMP.N0000 (Sampath Bank PLC)
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptySun Mar 22, 2020 7:52 am by The Invisible

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
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» Obituary Notice.
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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptySat Mar 21, 2020 9:49 am by The Invisible

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptySat Mar 21, 2020 9:43 am by nihal123

» People first, economy next, says top economist
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyFri Mar 20, 2020 9:59 am by Backstage

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyFri Mar 20, 2020 8:05 am by The Invisible

» Happy Birthday
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyFri Mar 20, 2020 4:21 am by nihal123

» Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse
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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyThu Mar 19, 2020 2:31 pm by The Invisible

» Sri Lanka elections delayed over Coronavirus
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» Sri Lanka’s market closed over Coronavirus on March 19
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» Sri Lanka stock market closed Tuesday in Coronavirus holiday
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» Sri Lanka President orders 6-month debt moratorium, 4-pct working capital
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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyWed Mar 18, 2020 2:45 pm by The Invisible

» Sri Lanka RPCs to pay Rs.1,000 daily wage on higher productivity, trade unions yet to agree
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» Dividend Announcements
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyTue Mar 17, 2020 12:59 pm by yellow knife

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyMon Mar 16, 2020 3:22 pm by nihal123

» Cardinal Seeks UN Probe on China’s Coronavirus
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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptySun Mar 15, 2020 10:10 am by The Invisible

» Contagion (2011)
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyFri Mar 13, 2020 10:22 am by Backstage

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyFri Mar 13, 2020 10:12 am by nihal123

» කොරෝනා වෛරසය ලොව ධනවත්ම පුද්ගලයාගේ වත්කම එක් රැයක දී ඩොලර් බිලියන 7කින් පහළ දමයි
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyThu Mar 12, 2020 11:40 pm by nihal123

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyThu Mar 12, 2020 8:05 pm by nihal123

» 2020 පෙබරවාරි මාසයේ දී සංචාරකයින්ගේ පැමිණීම 17.7%කින් පහළට. චීනුන් 92%කින් අඩුවෙලා
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyThu Mar 12, 2020 11:03 am by කිත්සිරි ද සිල්වා

» Browns Investments update
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyThu Mar 12, 2020 10:39 am by The Invisible

» Cartoon Today
Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct EmptyThu Mar 12, 2020 10:23 am by කිත්සිරි ද සිල්වා

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct

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Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct Empty Sri Lanka rupee breaches Rs.173 against USD, stocks rebound 1.1-pct

Post by The Invisible on Sat Oct 27, 2018 6:50 am

ECONOMYNEXT - The Sri Lanka rupee closed Friday at a new low of 173.05/20 rupees against the US dollar while stocks rebounded a sharp 1.1 percent amidst buying foreign buying interest in John Keells Holdings and Hatton National Bank, market participants said.

The rupee traded at an intraday low of 173.08 rupees against the US dollar in the spot market.

The currency closed Thursday at 172.75/90 rupees against the greenback.

Gilt yields edged higher in the secondary market.

A three-year bond maturing in 2021 ended unchanged at 10.85/95 percent in two-way quotes and a five-year bond maturing in 2023 closed at 11.35/40 percent, edging higher from 11.33/38 percent the previous day.

In equities, Colombo's All Share index gained 1.10 percent, up 63.42 points to 5,831.96, and the S&P SL20 index of more liquid stocks ended a sharp 2.38 percent higher, up 69.68 points to 2,997.33.

Market turnover was 1.47 billion rupees with foreign activity accounting for nearly 72 percent. During the day, 104 stocks had gained against 27 that declined.

John Keells Holdings (up 4.60 rupees to 140.10 rupees), Sampath Bank (up 9.40 rupees to 231.90 rupees), Commercial Leasing and Finance (up 40 cents to 2.70 rupees) contributed to the benchmark index gain.

Commercial Bank gained 2.50 rupees to 110.30 rupees and Melstacorp ended 1.50 rupees higher at 50 rupees.

Net foreign selling was 48.3 million rupees, down from selling of 277.5 million rupees the previous day.

Foreign selling in Commercial Bank was 82 million rupees, according to Asia Securities.

Foreign buying in Hatton National Bank was 104 million rupees, followed by 88 million rupees in John Keells Holdings. Hatton National Bank closed 3.30 rupees higher at 208.30 rupees.

Crossings, or off-market negotiated trades, amounted to 1.1 billion rupees, accounting for 76 percent of market turnover.

There were six crossings in Commercial Bank for 474.4 million rupees, three in Hatton National Bank for 209.3 million rupees and three in Nestle Lanka for 204.7 million rupees.

Nestle Lanka was unchanged at 1,650 rupees.

One crossing in Lion Brewery amounted to 91.9 million rupees while two in John Keells Holdings amounted to 91 million rupees.

Lion Brewery ended 24.70 rupees lower at 575 rupees.

There was one crossing in NDB Bank for 44 million rupees; the stock gained 2.90 rupees to close at 101.90 rupees. (COLOMBO, 26 October 2018)
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