Business

Colombo shares gain after SL appoints new cabinet

13 January 2015 - 154   - 0

The Colombo share market started off on a positive note on Tuesday morning withparticipation by both retailers as well as institutional and high networth investors, amidst the highly-charged political setting, brokers said. Analysts said the market is seeing some stability after Sri Lanka's new president, Maithripala Sirisena announced an interim cabinet on Monday evening saying he would carry out reforms to fight corruption in the 100 days to a parliamentary election. Interest was seen in the banking sector counters such as HNB and Sampath just before mid day with the core ASPI posting a marginal 0.03 per cent to be at 7,569.26 while the S&P SL20 index increased 0.32 per cent to be at 4,275.58. The turnover rose to Rs 710 million. Unlike the previous government of Mahinda Rajapaksa which had a total of 67 ministers, President Sirisena has limited his cabinet to 27.  

  Comments - 0

  • Leave a comment



Top Stories

Cabinet approves appointment of Pasan Ratnayake as Immigration Controller General

Cabinet approval has been granted to appoint Pasan Ratnayake as the new Controller General of the Immigration and Emigration Department. Ra...

26 June 2019 - Views : 11

Court issues notice on Wennappuwa PS Chairman for banning Muslim traders from fair

26 June 2019

Cabinet nod to amend dress code circular

25 June 2019

Education Ministry to probe content being published in school text books

25 June 2019



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">

 

Features & Analysis

A helmeted mass

When I applied to cover the religion beat, I never thought I’d have to wear a helmet to do my job. But ...

Army personnel complete Chemical Biological Radiological and Nuclear (CBRN) training

The Sri Lanka School of Military Engineering at Embilipitiya as a supportive follow-up of the 7th Army to Army Staff ...

Monthly lecture of the Wildlife and Nature Protection Society on Climate Change and our responsibility

The monthly lecture of the Wildlife and Nature Protection Society will take place today at the BMICH on the them...

Ministry of Crab to hold fundraiser for Easter victims at Shangri-La Hotel at The Shard in July

Ministry of Crab, will hold a fundraiser for victims of this year’s Sri Lanka attacks with a charity pop-up res...



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">