Colombo stock market swung between gains and losses on early trade on Wednesday and was down marginally by 10.30 am, amid the sharp increase in Treasury yields for the fourth consecutive week, analysts said. During the opening hours, All Share Index inclined but lost the momentum by this time. At the weekly T-bill auction, 12 month T-bill yield further increased sharply by 86 basis points (bps) to 6.99 per cent while 3 month and 6 month T-bill yields increased by 91bps and 89bps to 6.89 per cent and 6.98 per cent respectively. The All Share dropped by 0.18 per cent to stand at 7,221.96 with S&P standing at some 4,102.20 after losing 0.15 per cent on a Rs. 199.93 million turnover at 10.30 am.
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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