Forex Market
The USD/LKR TT buying and selling exchange rates on 12th April 2021 were marked at LKR 199.15 and LKR 203.73 respectively. The indicative USD spot exchange rate that depicts the average rate of all USD/LKR spot transactions that were executed throughout the previous business day in the local inter-bank foreign exchange market was recorded at LKR 199.91.
Under the precious metals category, Gold prices were recorded at LKR 347,700.46 per XAU. This is an appreciation to the previous business day’s rate of LKR 350,478.76.
Share Market
The ASPI increased by 134.09 bps today to 7,558.28 while S&P SL20 closed at 3,064.65 with an increment of 145 bps to the previous business day. Total Equity turnover for the day was recorded as LKR 3.51 bn. 99% of the daily equity turnover was composed of domestic purchases while only a 1% accounted to foreign purchases. It was also observed net foreign purchases were negative with a value of LKR 507.24 Mn.
There were 24,105 trades in the market and foreign trades accounted to 1.6% of the total trades. Today’s Market capitalization stood at c. LKR 3,310 Bn indicating a MoM increase of 6.4% and a YTD increment of 11.8%. Price-Earnings ratio, Price to book value and Dividend yield were marked at 15.34, 1.18 and 2.31 respectively.
Source: CBSL and CSE