- Last Update 2024-09-26 20:12:00
Colombo bourse firing up with new government
The Colombo Stock Exchange on Thursday was seen holding on to the bullish momentum displayed since Monday, following Sri Lanka’s presidential election over the weekend and new President Anura Dissanayake taking office.
The All Share Price Index was up 246.36 points to stand at 11,906.07 while the S&P SL20 was 107.18 points up to stand at 3,474.63 with Rs. 70.2 million turnover by 10 am.
A stock market analyst said that it seems brokers are excited about good governance, a corruption-free system, and educated, competent people getting appointed to ministries. Dilshan Wirasekera, Chairman, Colombo Stock Exchange, told the Times Online that this is also post-election optimism. “It is an undervalued market. It is an undervalued market. And so, it is also correcting the pre-election drop,” he added. (DEC)
-
Still No Comments Posted.
- September 22, 2024 - 591 - 0
Live Blog: Anura Kumara Dissanayake maintains lead
Anura Kumara Dissanayake is so far leading by securing (52.5%) while Sajith Premadasa secured (21.5 % ) and Ranil Wickremesinghe (19.2%) trailing behind. Meanwhile, independent candidate Ariyanethirnan Pakkiyaselvam secured the Nallur Electorate.
- September 26, 2024 - 568 - 0
SC halts unlawful Rs. 150 Mn payment linked to former Minister Bandula G
The Supreme Court has suspended the payment of Rs. 150 million to a construction company that was arranged unlawfully, allegedly under the instruction of Minister Bandula Gunawardhana.
- September 22, 2024 - 527 - 0
Ranil’s farewell message
In a formal address, President Ranil Wickremesinghe acknowledged the people’s mandate in the 21st presidential election and announced the transition of leadership to President-elect Anura Kumara Dissanayake.
- September 23, 2024 - 402 - 0
Ananda Wijepala appointed as Pvt Sect to President
Mr. K. Ananda Wijepala has been appointed as the private secretary to President Anura Kumara Dissanayake.
- September 23, 2024 - 402 - 0
New President’s Secretary appointed
Dr Nandika Sanath Kumanayaka has been appointed as the Secretary to the President.
Related Articles
Fertilizer subsidy to be increased to Rs 25,000
- 26/09/2024 - 50 - 0
President Anura Kumara reconfirms availability of fuel stocks
- 26/09/2024 - 64 - 0
Muditha Peiris to resign as Litro Gas Chairman
- 26/09/2024 - 97 - 0
Leave Comments