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Topic

Sri Lanka's central bank

Sri Lankan shares fall with world markets; cenbank holds rates

Sri Lankan shares fall with world markets; cenbank holds rates

Updated 04 Mar, 2021 09:51pm
  • The benchmark stock index dropped 2.7% to 7,002.04, its lowest since Jan. 6. With Thursday's fourth straight of losses, the index is now well below a record high of 9,025 hit in late January, and is just up around 3% for the year.
  • The MSCI's ex-Japan Asian-Pacific shares lost 1.8% and other stock markets dipped after 10-year US Treasury yield, the benchmark for global borrowing costs, rose past 1.45% on Wednesday.
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