Business

Colombo shares mixed amidst news of Godahewa’s resignation

22 January 2015 - 128   - 2

 

 

The Colombo bourse on Thursday opened on a negative note amidst news that Nalaka Godahewa, the controversial Securities and Exchange Commission (SEC) chairperson's had resigned.

 

The All Share Price Index dipped 30.94 points to stand at 7,296.40 (0.42 per cent) with the S&P SL20 down 3.67 points (0.09 per cent) to stand at 4,099.98.

 

Analysts said they are expecting a lot of changes with the likely re-appointment of former SEC chairperson Thilak Karunaratne, who quit under pressure allegedly from the stock market mafia.

 

The turnover amounted to Rs.163.3 million.

  Comments - 2

  • vedamanikkam Thursday, 22 January 2015 02:48 PM

    As it appears to public, Chandrika started playing games ! Hope for the best !!

    Reply : 0       0

    Sylvia Haik Sunday, 25 January 2015 06:57 PM

    I wonder if the new head of the SEC will now reverse some of the reckless directives that damaged foreign investments. The restrictions on the operation of the mandatory SIA account was ludicrous. The monies accumulated by way of dividends and proceeds of sales could only be invested on other investments only but can be converted and exported back to the original country.

    Reply : 0       0

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