- Last Update 2024-07-17 16:41:00
Colombo shares keep toasting GR win
Share prices at the Colombo bourse were high by 12.30 pm having risen in early trade on Monday with brokers and investors cheering new President Gotabhaya Rajapaksa’s big victory.
The All Share Price Index gained by 1.59 per cent to 6,118.37 by 12.30 pm while the S&P rose by 2.03 per cent. to 3,045.60. Turnover was a resounding Rs. 1.7 billion.
The presidential election results remove much of the overhang from political uncertainty, analysts say. They say that the possibility of a stable government could lift private investment, a crucial factor for growth given fiscal constraints. Tourism is also likely to pick up after a sharp slowdown following the Easter 2019 terror attacks, analysts note. (DEC)
-
Still No Comments Posted.
- July 11, 2024 - 1217 - 0
Colombo Fort Magistrate interdicted
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
- July 16, 2024 - 275 - 0
MP on open warrant turns up at school event
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.
- July 12, 2024 - 272 - 0
SC refuses interim order on Judges appointments
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.
- July 10, 2024 - 272 - 0
Deadline extended for G.C.E. A/L applications
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
Related Articles
IN PIX: Samurdhi officers on protest
- 17/07/2024 - 11 - 0
Three Sri Lankans among 16 missing after ship capsizes off Oman
- 17/07/2024 - 72 - 0
High-level committee to oversee security arrangements of presidential candidates
- 17/07/2024 - 63 - 0
Fairly heavy rains likely today
- 17/07/2024 - 49 - 0
Leave Comments