Colombo shares were up in early trades on Monday after slumping during the 3-day short week last week with traders buying mid cap stocks, analysts said.
They said the country’s political impasse will weigh down on trader behaviour as the week drags on. International rating agency, Moody downgrading the country’s credit rating due to the political crisis will see more foreign investors moving out, they noted.
The All Share Index was up by 14.49 points or 0.24 per cent to stand at 5,944.47 points with S&P which was up by 0.38 per cent standing at 3,115.02 points by 11.10 am. (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.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
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