Colombo share prices eased on Wednesday, recording its lowest in the recent months, in the backdrop of rising tensions in West Asia, brokers said.
The All Share Price Index fell by 2.11 per cent to 5,898.84 points while the S&P SL 20 stocks index fell by 2.64 per cent to 2,782.45 points. The day’s turnover was Rs. 624 million.
On Tuesday, Iran fired missiles at US bases in Iraq in retaliation for the killing earlier of a powerful Iranian military commander in a US drone attack. SriLankan Airlines was among several international airlines that said they would avoid overflying Iranian and Iraqi airspace.
Tea prices at this week’s auction on Tuesday/Wednesday were also said to be subdued on fears that the Iran-US squabble would precipitate to a full scale war. Iran is a key buyer of Ceylon Tea in addition to being a supplier of oil.
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Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
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