Colombo equities stretched gains four days in a row on Thursday morning driven by positive expectations ahead of the mini budget, brokers said. The first budget, an interim one, by the new Sri Lankan government is to be presented later on Thursday afternoon in Parliament and expected to contain many essential price concessions to consumers. The benchmark All Share Index reached a high of 7,400.95 with a gain of 0.08 per cent with the S&P SL index gaining 0.1 per cent to stand at 4,152.70 by 10 am. The gains were mainly fuelled by the counters such as Lion Brewery, Hatton National Bank and Carson Cumberbatch. Analysts added that the Central Bank keeping key policy rates steady at record lows without any tightening measures has helped investors buy into shares while they await for clarity from the budget. – ENDS -
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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.
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
Gazette on new speed limit regulations to be issued within two weeks
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