Business

Colombo shares open mixed as Sri Lanka goes to the polls

8 January 2015 - 70   - 0

Colombo shares opened mixed on Thursday just as Sri Lankans went to the polls to decide the fate of incumbent President Mahinda Rajapaksa.

The president is seeking a third term in office but facing a formidable challenge from his main competitor, former Health Minister Maithripala Sirisena.

Voting in most polling centres was brisk in the morning with the Elections Commission taking extra-ordinary measures to ensure a free and fair poll, amidst reports that disruptions could take place. Police have been ordered to shoot to injure against trouble-makers defying their orders.

The All Share Index gained by 0.65 per cent to reach 7,486.50 around 11 am while the S&P SL200 gained by 0.95 per cent to 4,188.55 at the same time. Trading will close early at noon compared to 2.30 pm in view of the poll. – Ends -

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