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Christmas cheer as CSE soars to 41-month high

Week ends with both indices up 1% The Colombo stock market celebrated Christmas in advance soaring to a 41-month high amidst healthy turnover and play on select blue chips. The All Share Price Index (ASPI) closed at 6,685.64 up 56.62 points (+0.85%) while the more liquid S&P SL20 index closed at 2,599.67 up 24.94 points (+0.97%). Turnover was Rs. 2.7 billion. The ASPI gained 68.69 points (+1.04%) during the week while the S&P SL20 gained 26.72 points (+1.04%). Turnover averaged Rs. 3.47 billion, improving from Rs. 2.87 billion last week, according to Asia Securities. First Capital said the market experienced a 41-month high reverting the direction to positive while recording the highest intraday gain after two and half weeks.

Country must be self-sufficient in all aspects, says PM

Friday, 25 December 2020 01:26 -       Opens State Pharmaceutical Manufacturing Corporation’s new hormone pills and capsules factory under Govt.’s ‘New Drugs for a New Country’ drive Prime Minister Mahinda Rajapaksa this week reiterated that in order to have hope for the future of the country, the program of making the country self-sufficient in all sectors should be implemented. He was speaking at the opening of the new hormone pills and capsules factory of the State Pharmaceutical Manufacturing Corporation (SPMC) in Ratmalana on Wednesday. The SPMC In line with the event presented the newly manufactured Flucloxacillin 500mg tablets under the concept of ‘New Drugs for a New Country’ to the Prime Minister.

Total COVID-19 patient count exceeds 39,000

Health authorities say overall detection of patients has been stabilised Only 0.06% of random antigen testing at WP exit points positive: Chief Epidemiologist Random antigen testing to be carried out in coming days as well By Shailendree Wickrama Adittiya The detection of 592 COVID-19 patients yesterday brought the country’s total number of COVID-19 patients to 39,235. According to the Department of Government Information, 570 associates of the Peliyagoda cluster, four overseas arrivals, and 18 persons linked to the Prisons cluster tested positive for COVID-19 yesterday. The triple clusters that emerged from Divulapitiya, Peliyagoda and Prisons have thus increased to 35,548 patients. The total count also includes 1,644 Sri Lankan overseas returnees, 950 Navy personnel and their contacts, 651 persons linked to the Kandakadu cluster, and 126 foreigners.

The economic value of elephants in Sri Lanka for tourism

Friday, 25 December 2020 00:00 -       It is estimated that there are some 6,000 wild elephants in Sri Lanka today. This then means that there is a treasure worth more than Rs. 23.4 billion ($ 128 m) out in the wild “There is no creature among all the beasts of the world which hath so great and ample demonstration of the power and wisdom of almighty God as the Elephant” – Edward Topsell From time immemorial, travellers of days gone by and modern-day tourists have been fascinated by Sri Lanka’s elephants. Today, wildlife, and elephants in particular, is a major component of Sri Lanka tourism’s product portfolio. 

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