The Colombo Stock Exchange (CSE) ended trading on a positive note today, with the All Share Price Index (ASPI) crossing the 6,500 mark. The ASPI surged 73.73 points to close at 6,516.26. The day’s trading recorded a turnover of 1,530,337,624.80 rupees in 9,427 trades.
The index has been making consistent gains over the month of April. In 2016, the ASPI recorded a dip of 14.97% in comparison to the start of the year, but has since gained 9.48%recording an upward trend. (Apr 29, 2016 4.30 p.m)
ASPI trading at 6,502.97, up 60.44 points or 0.94 percent with gains across the board following statement from IMF that Sri Lanka has reached a technical agreement with the International Monetary Fund for 1.5 billion dollars, brokers said. The loan program will need approval by the IMF’s executive board, which is due to consider it in early June. (Apr 29, 2016 1.30 p.m)
USD/LKR spot-next quoted at 146.50/60 Friday, up from 146.30/40 on Thursday, dealers said. ” There seems to be interest in rupee bonds.” (Apr 29, 2016 10.30 a.m)
Shares in most Asian stock markets edged lower Friday, with gains capped by disappointment over the Bank of Japan holding back on additional stimulus and worries about global economic growth. China’s Shanghai Composite Index was little changed at 0.31 percent while Hong Kong’s Hang Seng Index was down 1.48 percent.. Elsewhere in Asia, Korea’s Kospi was down 0.54 percent and Australia’s S&P/ASX 200 was up 0.29 percent. Japan’s stock market was closed in observance of a public holiday. (Apr 29, 2016 08.30 a.m)
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