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Last Updated : 2023-03-27 16:09:00
REUTERS: Sri Lankan shares closed nearly unchanged yesterday in thin trade as investors turned cautious ahead of the national budget, which proposed revisions to corporate and withholding taxes to boost revenue and cut the country’s fiscal deficit target.
The benchmark index of the Colombo Stock Exchange ended 0.05 percent higher, or up 3.23 points, at 6,420.78.
The index hit its lowest close since November 1
on Wednesday.
Turnover stood at Rs.294.3 million, well below this year’s daily average of Rs.711.3 million.
Foreign investors bought stocks for a seventh straight session, picking up shares worth a net Rs.14.8 million. They have net sold Rs.884.5 million worth of shares so far this year.
Shares in Lion Brewery PLC rose 0.94 percent, while the biggest listed lender, Commercial Bank of Ceylon PLC, gained 0.41 percent.
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With the increase in egg prices the government decided to import eggs to regu
In order to critically discuss a movement, we must first understand its etymo
Many battles were fought during the long war between the Sri Lankan armed for
When can one say they’ve had enough of being in a state of ‘wokeness’ a
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