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Wednesday, 07 October, 2009
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Triumphant trillion
Investors in Sri Lanka’s tiny bourse are getting richer by the hour as the market capitalisation yesterday topped the mystical figure of Rs. 1 trillion (nearly US$ 9 billion) hot on the heels of hitting global headlines as the world’s best performing on Monday.
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SC hangs up on Vasu
By Stanley Samarasinghe
Supreme Court (SC) yesterday dismissed the public litigation Fundamental Rights application filed by Presidential Adviser Vasudeva Nanayakkara against new telecommunications charges on the basis that they could not overturn a previous ruling.
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Talking of bulls and bears? A relaxed Premier Ratnasiri Wickramanayake in an animated conversation with capital market officials after making a surprise visit yesterday to the record-setting Colombo Stock Exchange. Securities and Exchange Commission Chairman Udayasiri Kariyawasam, Director General Channa de Silva, CSE Assistant General Manager IT Lalin Paranavitana and Business Development Manager Tushara Jayaratne are present |
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Ceybank Unit Trust grows by 82%
Ceybank Unit Trust, Sri Lanka’s largest Unit Trust Fund achieved a another milestone with net assets exceeding Rs. 3,000 million on October 5, 2009, and recording 82% growth in 2009. BOC is the Trustee to the Funds.
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