All Share Price Index falls below 6000

8 March 2016 11:03 am Views - {{hitsCtrl.values.hits}} 10 Bookmark

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Colombo Stock Exchange’s main index-All Share Price Index (ASI)-fell below 6, 000 points at 10.45 a.m. today.

As at 10.46 a.m. the ASI had lost 86.42 points or 1.43 percent to fall to 5970.

The government has indicated it would move to re-introduce the Capital Gain tax and several other tight revenue measures.

Comments - 10

Sharon Tuesday, 08 March 2016 11:43 AM

What the hell is happening to our economy????

0 2

Barney Tuesday, 08 March 2016 12:01 PM

Morons are taxing wealth instead of income. The indirect taxes have gone up while the direct taxes have been reduced! The very opposite of what the pm said he would do. Well done boys.

1 1

Thanos Tuesday, 08 March 2016 12:01 PM

Our investments ruined. Underworld playing havoc. Good governance, law and order not as promised. Oh and most importantly, Tamils are still waiting their political solution.Thank you yahapalanya.

0 2

Kumar Tuesday, 08 March 2016 12:09 PM

Must ask MR, PBJ

2 0

rasheed Tuesday, 08 March 2016 12:16 PM

Ministry given to wrong person.

0 2

Dallas Tuesday, 08 March 2016 12:17 PM

Ranil is happenningMY3 is happenningThese are just appetisersMain meals ahead

0 2

Concern citizen Tuesday, 08 March 2016 12:31 PM

After working abroad for so many years Invested in share Market ,now it is stand still since this Yahapalanaya came to power ,Share Value has gone down dramatically and no income at all,,,,,,,,,,apparently nothing is working for this Idiotic government

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onlooker Tuesday, 08 March 2016 12:32 PM

Misadventures of yahapalana, during MR period it was not so bad. Yahapalana was brought to rectify the shortcomings. From bad to worse now.

0 2

Premalal Tuesday, 08 March 2016 01:32 PM

We just replaced a corrupt government with an ignorant government.

0 2

Premalal Tuesday, 08 March 2016 01:36 PM

No budget, no law and order, no justice for the crooks, overcrowded cabinet, bloated public sector cost. What do you expect?

0 2

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