Colombo share market started off on a positive note on Tuesday morning but failed to sustain this momentum at close on the back of retail profit-taking stemmed by the shaky political setting, brokers said. They said that despite participation by both retailers as well as institutional and high networth investors during mid day, retailers charged in the afternoon to take profits, resulting in indices ending mixed. Analysts said in the morning hours the market saw some stability after Sri Lanka's new president, Maithripala Sirisena announced an interim cabinet on Monday evening saying he would carry out reforms to fight corruption in the 100 days to a parliamentary election, but interest waned towards its close. The core ASPI declined by 0.17 per cent to close at 7,554.42 while the S&P SL20 index increased 0.08 per cent to close at 4,264.85, according to provisional data. The turnover rose to Rs. 1.3 billion. – 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.
Leave Comments