Daily Mirror (Sri Lanka)

Rupee ends...

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Foreign selling in John Keells Holdings was Rs. 47 million, according to Asia Securities. John Keells Holdings gained 60 cents to close at Rs. 152.90.

Crossings, or off-market negotiated trades, amounted to Rs.63.7 million.

There were two crossings in NDB Bank for Rs.40.8 million and one.

NDB Bank ended Rs.1.80 lower at Rs.102.40. Gilt yields eased in the secondary market. A five-year bond maturing in 2023 ended lower at 11.65/80 percent, down from 11.80/12.10 percent the previous close.

A bond maturing in 2027 closed lower at 12.22/32 percent, down from the previous closing of 12.33/38 percent.

- ECONOMYNEX­T

Rob Thummel, managing director at Tortoise, said the imposition of the sanctions “puts some risk back into the market”, which had been hit by a continuous build-up in US inventorie­s.

In early European trade London rose 0.6 percent while Frankfurt and Paris each gained 0.7 percent. HONG KONG (AFP) producing in a dollar-based economy.

“The more you can produce in the market where you sell, the closer you are to your customer, and the more you de-risk your business model by taking significan­t currency risk off the table,” Hagerty said.

Abe said after his September meeting with Trump that the Japanese auto sector had announced US$20 billion in new investment­s in the United States since Trump took office.

Japan’s Foreign Minister Taro Kono, U.S. special representa­tive for North Korea Stephen Biegun and U.S. ambassador to Japan William Hagerty attend their meeting in Tokyo on September 14

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