Sri Lanka stock close 0.5pc lower
Friday, 6 January 2012
COLOMBO, Jan 5 (LBO): Sri Lanka stocks closed 0.5 per cent lower Thursday in thin trade, with shares weakening for the third straight day, while bond rates held steady, brokers and dealers said.
The benchmark Colombo All Share Index fell 33 points to 5,939.75 points and the Milanka Index of liquid stocks fell 27.4 points (0.54 per cent) to 5.093.46 points.
In forex markets authorities continued to defend a dollar peg at 113.90 rupees. Bond yield which fell below 10 per cent earlier in the week held with bond maturing in early 2012 quoted at 9.55/60 per cent and a 2015 bond quoted at 9.80/85 per cent dealers said.
The benchmark Colombo All Share Index fell 33 points to 5,939.75 points and the Milanka Index of liquid stocks fell 27.4 points (0.54 per cent) to 5.093.46 points.
In forex markets authorities continued to defend a dollar peg at 113.90 rupees. Bond yield which fell below 10 per cent earlier in the week held with bond maturing in early 2012 quoted at 9.55/60 per cent and a 2015 bond quoted at 9.80/85 per cent dealers said.