Colombo shares were up for the second day running on Tuesday at close ignoring a massive protest rally by the opposition United National Party in Colombo and other political tensions.
Analysts said that retailers were busy collecting low to mid caps shares while blue chips, led by JKH, dominated turnover with heavy foreign selling. Retailers collected small to mid cap stocks buoyed by the opinion that a new regime was taking over and it will be positive for the Colombo share market, analysts said.
The country’s dysfunctional ruling coalition fell apart when President Maithripala Sirisena sacked the Prime Minister Ranil Wickremesinghe last Friday and parliament was suspended till November 16.
All police leave has been cancelled and the army has been deployed in parts of the city as a show of state power and stability.
The All Share Index (ASI) was up by 0.34 cent by 11.30 am to stand at 5,964.32 points with S&P up by 0.8 per cent to stand at 3,083.20 points on a Rs. 981 million turnover. – (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.
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