- Last Update 2024-07-19 12:26:00
Colombo shares gain on policy direction
The Colombo Bourse recovered on Monday after Friday’s fall with on Thursday amidst reports that the new government will appoint a new Securities and Exchange Commission (SEC) Chairman, widely believed to be Thilak Karunaratne, who held this post previously. The core All Share Index gained 0.21 per cent to record 7,291.48 by mid day with S&P SL20 index inclining 0.04 per cent to stand at 4,080.54. Turnover was at Rs. 207.1 million. Analysts added that more certainty on policy, impending change in SEC chairman, potential probe on corruption and irregularities in the share market are weighing on the investor sentiment positively. The coming week would be eventful as the first monetary policy review under the new government will be released on Jan 27 (Tuesday) while the ‘mini budget’ of the new government, covering four months of spending to April will be presented to the parliament on Jan 29 (Thursday). These may remove some of the remaining uncertainties and may provide guidance especially in terms of the new administration’s policy framework, according to stockbrokers.
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- July 11, 2024 - 1275 - 0
Colombo Fort Magistrate interdicted
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
- July 16, 2024 - 322 - 0
MP on open warrant turns up at school event
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.
- July 12, 2024 - 278 - 0
SC refuses interim order on Judges appointments
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.
- July 10, 2024 - 278 - 0
Deadline extended for G.C.E. A/L applications
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.
- July 12, 2024 - 191 - 0
Gazette on new speed limit regulations to be issued within two weeks
Gazette on new speed limit regulations to be issued within two weeks
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