Positive reaction unlikely in markets, poll of stock brokers shows

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A large percentage of Sri Lankan stock brokers polled on Monday morning in a quick Business Times survey believed the cabinet reshuffle won’t have a positive impact on the Colombo stock market.
Asked whether the cabinet reshuffle would impact the market, 40 per cent of the 20 brokers polled said NO while 33.3 per cent said YES. 26.6 per cent were UNDECIDED.
However to the second question, “will the exchange of portfolios of finance (to Mangala Samaraweera) and foreign affairs (to Ravi Karunanayake) boost the market”, 40 per cent said YES while 26.6 per cent said NO and 33.3 per cent were undecided. Nine ministers, all already serving as cabinet ministers, were given new portfolios by President Maithripala Sirisena in a long-awaited cabinet reshuffle. (Duruthu)-

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