Thursday, March 17, 2016

Sri Lanka *market update* ASPI close up 0.80-pct, Turnover Rs.1.5bn

ASPI close down 6,068.17, down 46.80 points or 0.78 percent with gains in telecom and some index heavy stocks, brokers said. Turnover was 1.5 billion rupees. Dailog Axaita closed at 10.20 rupees, up 0.20 rupees and Sri Lanka Telecom closed at 40.90 rupees, up 1.40 rupees. John Keells Holding closed at 151.20 rupees, up 1.00 rupees with over 2.1 million shares traded.  (Mar 17, 2016 3.40 p.m)

USD/LKR one week forward at 145.45/55, dealers said. The spot did not trade below 143.90, seen as the Central Bank’s desired level.  (Mar 17, 2016 11.00 a.m)

ASPI trading at 6,035.99, up 14.62 points or 0.24 percent with gains in Dialog Axaita, brokers said.  (Mar 17, 2016 10.00 a.m)

Asian shares showed gains early on Thursday followed by Wall Street gains with S&P 500 closing at its highest level this year, media reports said. MSCI’s broadest index of Asia-Pacific shares outside Japan rose  2.1 percent while Japan’s Nikkei advanced 1.4 percent. China’s Shanghai was up 0.6 percent and South Korea’s Kospi rose 1.2 percent. Australian stocks added 0.8 percent on Thursday morning.  (Mar 17, 2016 0830 a.m)

 

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