Colombo equities were mixed on Monday with analysts saying that investors are anticipating an interest rate hike at today’s Monetary Policy Review by the Central Bank. The result of the meeting will be announced at 7.30 am on Tuesday. The 3Q earnings season is nearing the end and out of 294 listed companies, approximately 237 companies, which represent 80 per cent of market cap, have released their earnings with analysts saying that the aggregate corporate earnings for the 3QFY2014-2105 has risen by 7 per cent year on year. "But nearly 57 companies, including several high cap banks are yet to release the quarter earnings and many predict that some high valued shares may have not performed," an analyst said. The All Share Price Index gained 0.16 per cent to close at 7,326.3, with the S&P SL20 lost 0.04 per cent to close at 4,131.27 on a turnover amounting to Rs. 1 billion. (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.
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
Cabinet has approved a proposed amendment to the Constitution that a referendum would be required to extend the Presidential and Parliamentary term beyond five years.
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