Colombo saw its share market recovering on Friday as opposed to early this week when it was down with analysts claiming retail play in mid cap stocks made sure of today’s gains.
Retail play has been persistent on the back of President Maithripala Sirisena sacking Prime Minister Ranil Wickremesinghe without warning and swearing in the former president Mahinda Rajapaksa last month giving rise to chaos in local politics.
Listed corporates are sending their results out now and most blue chips saw heavy foreign selling during the past few months. The All Share Index (ASI) was up by 0.81 per cent to stand at 5,978.63 points at close with S&P up by 0.99 per cent to stand at 3,094.21 points on a Rs. 1.2 billion turnover. (DEC)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
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
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
Leave Comments