Colombo bourse hails 2018 budget 

10 November 2017 - 187   - 0

Share prices in the Colombo stock market were up in early trades on Friday morning owing to positive sentiment over the 2018 national budget delivered on Thursday by Finance Minister Mangala Samaraweera.  The All Share Index was up by 0.09 per cent at 6,573.23 by 11 am with the Milanka Index up by 0.97 to 3,721.23.  

The coalition Government’s third budget stayed true to the Government’s Economic Development Plan ‘Vision 2025’ and thus far has been the most consistent with the Government’s long term economic policy, an analyst said. 

The most salient proposal was to develop the capital market with the pledge of listing of the two major state banks - People's Bank and Bank of Ceylon. (DE)

  Comments - 0

  • Leave a comment

Top Stories

New SLFP Organizers appointed

Three new SLFP organizers received their appointment letters from President Maithripala Sirisena at the Presidential Secretariat.  Acc...

17 November 2017 - Views : 68

No persons in secret prison; President tells families of missing persons

17 November 2017

General Amnesty period for Army deserters extended further

17 November 2017

10 Indian fishermen held for poaching

17 November 2017



Features & Analysis

Ashanthi School of Music hosts musical talent show 'Spotlight'

The young performers at the “Ashanthi School of Music”  put on an amazing show titled ‘Sp...

Space Italia and Space Office open its doors to the public

Space Italia and Space Office opened its doors to the general public with a high profile event where Italian ambassad...

Spectacular array of colour and diverse genres of dance

‘Technique Colour 2017’, presented by Dance Works Centre, was staged recently at the Lionel Wendt Theatre...

FANDOM 2017 - a day for cosplay wars and more

FANDOM 2017, a day of ‘magic and madness’ organised by The Rotaract Club of CFPS Law School will take pla...