Friday, February 12, 2016

Sri Lanka * market update *USD/LKR 1 week forward 144.36/40, ASPI closed down 0.5-pct

USD/LKR 1 week forwards are quoted at 144.36/40, dealers said. “Forwards edged down on importer dollar demand”  (Feb 12, 2016 3.40 p.m)

ASPI closed at 6,283.00, down 31.82 points or 0.50 percent following regional markets also dropping with losses  in John Keells Holdings and some banking sector stocks, brokers said.  Turnover was 520 million rupees.   (Feb 12, 2016 3.20 p.m)

Japan’s Nikkei was down 4.85 percent to 14,952 points, following global markets dropping and as a stronger yen against the dollar hurt the country’s big exporters, Friday. In early trade, the benchmark Nikkei 225 fell as much as 5.4 percent . The index has shed more than 11 percent over the trading week, which was short because of a public holiday on Thursday.

ASPI trading at 6,299.20, down 15.62 points or 0.25 percent with continued losses in John Keells Holdings and some banking and finance sector stocks, brokers said. (Feb 12, 2016 12.00 noon )

USD/LKR quoted at 144.00/20 with thin volumes after holding steady at 143.95/15 for the last few days, dealers said. “Only forward out rights were moving in the last few days.”  (Feb 12, 2016 11.40 a.m)

 

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