Colombo Stock Exchange’s main index, The All Share Price index kept up the positive momentum and went up 112.22 points or 1.92 percent closing in the 5944.18 mark.
Meanwhile the S&P SL20 index too gained 61.26 points or 2.04 percent closing in the 3058.59 mark following the current political situation in the country.
The market closed yesterday with a share volume of 66,036,982 and a turnover of 4,166,902,471.20.
Market analysts said that this may be due to sudden and unexpected change in the country’s political climate. “This may last for more time provided the current uncertainty improves,” he said.
Meanwhile Colombo District Chamber of Commerce, Dr. Amila Kankanamge said that the speech made by President Maithripala Sirisena on Monday explaining in detail as to how and why the new Prime Minister Mahinda Rajapaksa was appointed and the reason he decided to do so too has given a confident factor for them to move forward in a more positive manner.
“This is what is been reflected in the Colombo Stock Exchange in the last two days,” he said.
Meanwhile the Chamber of Commerce in a release said, “We request the political authorities to resolve issues through the democratically established Institutions as early as possible. We appeal to the political Parties to ensure that law and order prevails and that danger to the life and property of citizens is prevented.
All parties should act in the best interests of our country, our people and the national economy.” (SS)
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