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The Colombo market continued its upward trajectory on 05th March 2026, building on the previous session’s recovery with stronger momentum. Improved turnover and a significant increase in share volumes underscored strengthening investor sentiment. The presence of sizeable block trades further signaled growing confidence among value investors, offering a constructive outlook for near-term market stability.
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The Department of Meteorology has issued a warm weather advisory for March 6, 2026, highlighting potential health risks due to elevated heat conditions. The warning specifically targets Sabaragamuwa province and the districts of Kurunegala, Gampaha, and Monaragala, where the heat index is expected to reach a “Caution” level.
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Former Member of Parliament and National Freedom Front (NFF) leader Wimal Weerawansa has raised serious concerns regarding the Sri Lankan government’s handling of an Iranian naval vessel currently stationed near the island’s territorial waters.
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School students were educated on the dangers of narcotic drugs as part of a series of awareness programmes being carried out under the National Mission for the Nation Together initiative, the Public Administration, Provincial Councils and Local Government Ministry said.
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Several bodies of Iranian sailors killed in the sinking of the warship IRIS Dena are being kept on ice outside the Karapitiya Hospital mortuary after the facility exceeded its storage capacity, hospital sources said.
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The ongoing military instability in the Middle East could place more than half of Sri Lanka’s tea exports at risk, Chairman of the National Tea Planters Association Saman Geeganage has warned.
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A day after a US submarine sunk an Iranian Navy warship off the coast of Sri Lanka, the Foreign Minister of Iran, Sayed Abbas Araghchi, has warned that the US would ’’pay bitterly’’ for targeting a ship in international waters.
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The Chairman of the National Farmers’ Union, Anuradha Tennakoon, has warned that this year’s harvesting operations are at serious risk as the government reportedly has fuel stocks sufficient for only one month, while at least eight million litres of diesel are required to harvest around 800,000 acres of paddy fields.
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National Organiser of the Sri Lanka Podujana Peramuna (SLPP) Namal Rajapaksa has called on the government to immediately clarify its position regarding another Iranian vessel that is reportedly within Sri Lanka’s Exclusive Economic Zone (EEZ) and seeking permission to make an urgent port call.
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Opposition Leader Sajith Premadasa said today that military action cannot be carried out within an Exclusive Economic Zone (EEZ) of a country according to international laws and that the attack on the Iranian warship within Sri Lanka’s Exclusive Economic Zone is a death blow to Sri Lanka’s sovereignty.