Thursday, Jun 29 2017 | Time 21:36 Hrs(IST)
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  • All-party meeting decided to carry on indefinite shutdown in
  • Cong, CPI-M term PM's statement on lynching as mere 'eyewash'
  • Air India pride of the country, a plan is being made to sell it off: Mamata
  • Italy gets Brussels backing for EU peers to accept migrants off boats
  • Djokovic leads the way into Eastbourne semi-finals
  • South Sudan says aid workers can not go to 'insecure' rebel-held areas
  • UP prepares for Kanwariya Yatra during Sawan
  • NCP demands judicial inquiry into Manjula Shetye's death
  • ....
  • Implementation of GST in its current form will have wider legal, political ramifications: Tarigami
  • Now, ED serves notice to Huriyat leader Geelani for possessing dollars illegally
  • Cong to boycott GST launch, says Modi has trivialised 'Freedom at midnight moment'
  • Venezuela's shield-bearing protesters inspired by Ukraine
  • Three new records set on first day at State athletics meet
  • Odisha to set up a model weaver village in Berhampur
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Sri Lankan shares hit 6-mth closing high on foreign buying in Keells

COLOMBO, Apr 21 (Reuters) Sri Lankan shares gained on Friday to hit a more than six-month closing high on foreign buying in market heavyweight John Keells Holdings, helping boost the overall sentiment.
Foreign investors net bought equities worth 1.35 billion rupees ($8.88 million) on Friday, extending the week's net foreign buying to 6.56 billion rupees.
Foreign investors have been net buyers for the last 21 sessions, acquiring equities worth a net 11.77 billion, taking the year-to-date net foreign inflow into equities to 14.27 billion rupees.
The Colombo stock index ended 0.5 percent firmer at 6,535.54, its highest close since Oct. 11. It has climbed 9.4 percent in the 16 sessions through Friday, having risen for 15 sessions in that period.
The index added 2.1 percent on the week, marking its fourth week of gains.
"Foreign investors see extremely attractive valuation in the blue chips and growing earnings. They also see some political stability and stabilisation of the economy," said Dimantha Mathew, head of research, First Capital Equities (Pvt) Ltd.
"But local investors are still waiting for some kind of strong direction by the government. The bullish run will prevail in the near future with local investors also starting to buy into equities."
Stockbrokers also said the market was also encouraged by comments made by President Maithripala Sirisena on making the government effective, as reported in the local media.
Turnover stood at 3.27 billion rupees ($21.51 million), more than three times of this year's daily average of 877.8 million rupees.
John Keells Holdings, which accounted for 81 percent of the day's turnover, jumped 2.2 percent, while top lender Commercial bank of Ceylon rose 1.7 percent.
REUTERS AKC 1748
Top News
President praises major financial changes, including introduction of GST

President praises major financial changes, including introduction of GST

Kolkata, Jun 29 (UNI) President Pranab Mukherjee today said major changes have happened in India during 2017 like, budget session has been advanced to the first day of February and the first combined budget of independent India that included Railways was presented in Parliament.

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29 Jun 2017 | 7:14 PM
Terror to figure prominently at G20 Summit, It's in line with

Terror to figure prominently at G20 Summit, It's in line with "Modi's approach": MEA

New Delhi, Jun 29 (UNI) Terrorism will figure prominently at the G20 Summit at Hamburg in Germany next month, a senior official in the Ministry of External Affairs said here and maintained that the talks proposed at Leaders' Retreat on the theme of terror is also in "alliance" with Prime Minister Narendra Modi's own approach on the issue.

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29 Jun 2017 | 8:52 PM
Cong to boycott GST launch, says Modi has trivialised 'Freedom at midnight moment'

Cong to boycott GST launch, says Modi has trivialised 'Freedom at midnight moment'

New Delhi, June 29 (UNI) Announcing its decision to boycott tomorrow’s midnight GST launch at Parliament, the Congress today dubbed it just as a ‘’tamasha’ (‘spectacle) and said Prime Minister Narendra Modi was insulting the ‘’freedom at midnight moment’’ by giving a similar importance to a taxation event.

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29 Jun 2017 | 9:11 PM
Modi expresses anguish, anger over killing of people in the name of cow protection

Modi expresses anguish, anger over killing of people in the name of cow protection

Ahmedabad, Jun 29 (UNI) Prime Minister Narendra Modi today expressed anger and anguish over the present atmosphere of violence in the nation and asserted that no one can be allowed to kill people in the name of cows.

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29 Jun 2017 | 4:43 PM
Congress decision to boycott GST launch unfortunate: Govt

Congress decision to boycott GST launch unfortunate: Govt

New Delhi, Jun 29 (UNI) The Government today described as 'unfortunate' the Congress move to boycott tomorrow’s midnight function in Parliament’s Central Hall for launch of the GST, and dismissed all the reasons given by the Opposition party for its decision.

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29 Jun 2017 | 8:05 PM
Election of Vice-President on Aug 5, result the same day

Election of Vice-President on Aug 5, result the same day

New Delhi, Jun 29 (UNI) The election to the office of Vice-President of the country will be held on August 5 and results will be announced the same day, Chief Election Commissioner (CEC) Nasim Zaidi said here today announcing the schedule.

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29 Jun 2017 | 5:38 PM
Assy passes resolutions for reservation of seats for Delhi students

Assy passes resolutions for reservation of seats for Delhi students

New Delhi, Jun 29 (UNI) After a short duration discussion regarding reservation of seats for Delhi's students in colleges, the Delhi Assembly today passed resolutions in these regard including 85 per-cent reservation of seats in colleges that are funded by the State Government.

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29 Jun 2017 | 8:40 PM

Italy gets Brussels backing for EU peers to accept migrants off boats

29 Jun 2017 | 9:24 PM

By Gabriela Baczynska BRUSSELS, Jun 29 (Reuters) The European Union executive today threw its weight behind Italy's plea for fellow EU states to allow humanitarian rescue boats carrying African migrants across the Mediterranean to dock in their ports to alleviate growing pressure on Rome.

UP prepares for Kanwariya Yatra during Sawan

UP prepares for Kanwariya Yatra during Sawan

29 Jun 2017 | 9:21 PM

Lucknow, Jun 29 (UNI) After peaceful passing of Holy month of Ramadan and celebration of Eid, Uttar Pradesh Chief Minister Yogi Adityanath has now geared up the forces to ensure incident free Kanwar Yatra during the coming month of Shrawan, starting from Sunday.

JPCC celebrates 26th death anniversary of former Prime Minister Rajiv Gandhi

21 May 2017 | 6:22 PM

Ranchi, May 21 (UNI) The Jharkhand Pradesh Congress Committee today paid floral tributes to former Prime Minister Bharat Ratna late Rajiv Gandhi on his 26th death anniversary which was celebrated by the party as ‘Shahdat Diwas’.

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