Monday, July 4, 2016

Sri Lanka *market update* ASPI close down o.5-pct, USD/LKR 1wk fwd 147.00/30

ASPI closed at 6,254.77, down 32.32 points or 0.51 percent with losses in Carson and Cumberbatch, Dialog Axiata and Hatton National Bank, brokers said. Turnover was 277 million rupees. 

USD/LKR one-week forwards quoted at 147.00/30,  weaker than Friday’s close of 146.40/60. “Everybody is awaiting the new governor’s policy statement,” dealers said.

Dr. Indrajit Coomaraswamy has resigned from his post of board of director of John Keells Holdings to take up a new posting as Governor of the Central Bank of Sri Lanka.”We wish to inform you that he has no relevant interest in the shares of JKH as of 3 July 2016,” the company said in stock exchange filling. Sri Lanka’s President Maithripala Sirisena has appointed Dr. Indrajit Coomaraswamy as the new Governor of the Central Bank of Sri Lanka on Saturday, 02, July. He will assume duties as the Governor of Central Bank on Monday.

 

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