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)
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
A passenger attempting to smuggle the largest quantity of gold of 35 kilo grams was arrested by the Customs at the Bandaranaike International Airport (BIA) today, a senior official said.
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