• Last Update 2024-07-01 10:31:00

Colombo shares open mixed as Sri Lanka goes to the polls

Business

Colombo shares opened mixed on Thursday just as Sri Lankans went to the polls to decide the fate of incumbent President Mahinda Rajapaksa.

The president is seeking a third term in office but facing a formidable challenge from his main competitor, former Health Minister Maithripala Sirisena.

Voting in most polling centres was brisk in the morning with the Elections Commission taking extra-ordinary measures to ensure a free and fair poll, amidst reports that disruptions could take place. Police have been ordered to shoot to injure against trouble-makers defying their orders.

The All Share Index gained by 0.65 per cent to reach 7,486.50 around 11 am while the S&P SL200 gained by 0.95 per cent to 4,188.55 at the same time. Trading will close early at noon compared to 2.30 pm in view of the poll. – Ends -

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