Share prices in the Colombo stock market were up in early trades on Friday morning owing to positive sentiment over the 2018 national budget delivered on Thursday by Finance Minister Mangala Samaraweera. The All Share Index was up by 0.09 per cent at 6,573.23 by 11 am with the Milanka Index up by 0.97 to 3,721.23.
The coalition Government’s third budget stayed true to the Government’s Economic Development Plan ‘Vision 2025’ and thus far has been the most consistent with the Government’s long term economic policy, an analyst said.
The most salient proposal was to develop the capital market with the pledge of listing of the two major state banks - People's Bank and Bank of Ceylon. (DE)
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
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