- Last Update 2025-06-08 16:36:00
Colombo stocks witness strong comeback
Colombo stocks on Monday moved up with renewed buying activity mainly on the 'old favourites' with both indices up around 5 per cent and stronger turnover than the recent average.
On speculation that conflict-related disruption between Ukraine and Russia will increase freight rates, Expolanka PLC led quite a strong rally, stockbrokers said.
Browns Investments was a sought after share today. With strong speculation that CLC and LOFC will be merged in few days, investors ran both shares strongly.
Analysis said that valuations are attractive and as share prices came down the market Price to Earnings was around 11.
The All Share Price Index was up by 470 points to close at 11,577.94 and the S&P SL increased by 194.48 points to end at 3, 936.81 on a Rs. 4.2 billion turnover.
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- May 31, 2025 - 494 - 0
Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary
Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
- June 2, 2025 - 461 - 0
National Tax week launched
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
- June 2, 2025 - 370 - 0
SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.
- June 3, 2025 - 208 - 0
Krishanthi Kumaraswami convicts FR dismissed by SC
The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.
- June 6, 2025 - 206 - 0
SriLankan flight grounded in Indonesia
A SriLankan airlines flight has been grounded in an airport in Indonesia due to a technical defect leaving 93 passengers stranded, an official said.
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