Sri Lanka’s stock market was up in early trades on Wednesday with a stalemate in its political crisis amidst reports of the United National Party (UNP) planning to form a broad electoral alliance with like-minded political parties.
The turnover was at Rs. 10 million by 10.10 am while the main All Share Price Index was up by 0.08 per cent or 4.63 points to stand at 5,952.53 with liquid S&P up by 0.20 per cent or 6.37 points to stand at 3,120.43.
Analysts said that reaching a political compromise in the next few days will be key in order for the market to sustain its momentum.
The country’s political crisis took a new turn when the Parliament met thrice last week to decide who the Prime Minister is in a complicated political tussle that has thrown the country’s democracy into an abyss. (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.
Leave Comments