The Colombo stock market returned a Rs. 1.2 billion turnover on Friday owing to heavy trading in blue chips, John Keells Holdings (JKH) and Commercial Bank.
One broker described the JKH share as 'one of the worst performing shares’ of this week, after the exchange resumed for the first time in nearly two months since the shutdown. The share was down to Rs. 80 and is now only 5.7 per cent of market capitalisation. As at last December it was at 8.3 per cent. It saw 10 million shares traded. Commercial saw 3.5 million shares traded, closing at Rs. 52.
The All Share Price Index was up by 1.04 per cent to close at 4,439.04 while the S&P Index was up by 3.38 per cent to end at 1,764.78 according to provisional figures. (DEC)
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A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
In its first electoral test since taking power, the ruling National People’s Power (NPP) fell short of expectations, winning only around 40 % of the national vote in Tuesday’s local government election and falling short of enough seats to gain control of the majority of councils.
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