Share prices rose in early trade on Monday at the Colombo bourse as brokers and investors basked in the glory of a presidential victory by Gotabaya Rajapaksa.
Mr. Rajapaksa, an opposition candidate, won a resounding victory at Saturday’s presidential poll. Brokers and analysts had predicted on Friday that the market would gain irrespective of who won the election.
The All Share Price Index gained by 106.81 points or 1.76 per cent to 6,129.20 after around 15 minutes of trading while the selective SAP SL20 rose by 89.42 points or 2.99 per cent to 3,075.94. Share prices were expected to gain further during the day.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Cabinet has approved the appointment of Commodore (retired) M.B.N.A. Premaratne of the Sri Lanka Navy, as the new Commissioner General of Excise.
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