Sri Lankan stocks likely to head south when markets open

Punters playing Sri Lankan stocks will look for a clear direction from Thursday’s presidential poll before placing bets, when trading opens today, analysts said. Punters playing Sri Lankan stocks will look for a clear direction from Thursday’s presidential poll before placing bets, when trading opens today, analysts said. Prime Minister Mahinda Rajapakse was marginally ahead […]

Results So Far

Candidate Total Votes % Mahinda Rajapaksha 4,880,950 50.33% Ranil Wickramasinghe 4,694,622 48.40% Others N/A   Source Elections Department Candidate Total Votes

‘s tiny bourse

Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead in Thursday’s presidential poll, brokers said.Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead […]

Sri Lanka PM wins presidency: official results

Sri Lanka’s socialist Prime Minister Mahinda Rajapakse won the presidency with 50.33 percent of the popular vote, according to official results released Friday by the elections’ commissioner.Sri Lanka’s socialist Prime Minister Mahinda Rajapakse won the presidency with 50.33 percent of the popular vote, according to official results released Friday by the elections’ commissioner. Rajapaske, who […]

Socialist PM wins Sri Lankan presidency

Socialist Prime Minister Mahinda Rajapakse won Sri Lanka’s tightly-fought battle for the presidency, results showed Friday as the stock market reacted with a record crash amid fresh violence.Socialist Prime Minister Mahinda Rajapakse won Sri Lanka’s tightly-fought battle for the presidency, results showed Friday as the stock market reacted with a record crash amid fresh violence. […]

Current cabinet will stay for now

UPFA officials say the current cabinet of ministers will be sworn in as is, as there will be no immediate change to the government decision making body. UPFA officials say the current cabinet of ministers will be sworn in as is, as there will be no immediate change to the government decision making body. The […]

Bloodbath on Sri Lanka’s tiny bourse

Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead in Thursday’s presidential poll, brokers said.Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead […]

Polls chief asks presedent elect to let him quit

Elections Commissioner Dayananda Dissanayake made a humble plea or in his words ‘a final request’ from the new President on Friday, asking to let him retire in peace at least now. Elections Commissioner Dayananda Dissanayake made a humble plea or in his words ‘a final request’ from the new President on Friday, asking to let […]

Election promises set to cost Sri Lanka’s new president

Sri Lanka’s socialist president-elect Mahinda Rajapakse has set himself a challenge to deliver the raft of subsidies he promised voters in South Asia’s most liberal and war-battered economy, analysts said Friday.Sri Lanka’s socialist president-elect Mahinda Rajapakse has set himself a challenge to deliver the raft of subsidies he promised voters in South Asia’s most liberal […]

Tamil kingmakers steer clear of Sri Lanka presidential vote

Sri Lankans voted Thursday in presidential elections seen as a close race between the prime minister and the opposition leader but minority Tamils who could tip the balance largely shunned the vote.Sri Lankans voted Thursday in presidential elections seen as a close race between the prime minister and the opposition leader but minority Tamils who […]

Tamil kingmakers shun Sri Lanka vote

OMANTHAI,(AFP) – Polling booths in this de facto border post were built for minority Tamils, seen as potential kingmakers in Sri Lanka’s presidential elections Thursday, but only four turned up to vote.OMANTHAI,(AFP) – Polling booths in this de facto border post were built for minority Tamils, seen as potential kingmakers in Sri Lanka’s presidential elections […]

‘s commercial hub closes shop early on election day

Colombo’s commercial hub closed shop by noon on Thursday along with most other businesses across the island as the country went to polls to elect Sri Lanka’s fifth president.Colombo’s commercial hub closed shop by noon on Thursday along with most other businesses across the island as the country went to polls to elect Sri Lanka’s […]

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