Colombo equities gained ground in early trading on Friday mainly due to the returned investor confidence backed by improved financial performance of the corporates, according to analysts. The All Share Price index gained 0.15 per cent to stand at 77,317.91 by 10. 45 am, with the S&P SL20 gaining 0.41 per cent stand at 4,130 by this time. Turnover in the morning amounted to Rs. 380 million. At the weekly T-bill auction, 12 month T-bill yield further increased by 2 basis points (bps) to 6.12 per cent while 3 month and 6 month T-bill yields increased by 6bps and 5bps to 5.94 per cent and 6.03 per cent. Analysts said that this may put pressure on traders to pull money out of the market. - ENDS -
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
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