header logo
සිංහලதமிழ்
Mogo Academy
Latest
Sri Lanka stocks fall due to Middle East crisis
Jan 08, 202004:08 PM
Google NewsAdd on Google
Sri Lanka stocks fall due to Middle East crisis
Mobitel Inner

Sri Lanka’s stock market indices fell significantly on Wednesday due to rising tension in the Middle East.

 

The All Share Price Index (ASPI) was down by 2.11% while the Standard & Poor’s Sri Lanka 20 (S&P SL20) dropped by 2.64%.

 

Both indices fell on Wednesday after Iran fired rockets at military bases in Iraq hosting United States forces, raising the prospect of a regional conflagration that could disrupt oil supplies.

 

The US military said on Tuesday that Tehran fired more than a dozen rockets from Iranian territory against at least two Iraqi military bases hosting US-led coalition personnel.

 

The attacks follow the US killing of Iranian military commander Qassem Soleimani in Iraq last week. Iran had promised a severe response.

 

-With inputs from agencies

 

 

 

MostRead
Mobitel Upahara
VideoStories
Prison officer faces death threats after opening fire during Negombo Prison clash

Prison officer faces death threats after opening fire during Negombo Prison clash

Paddy procurement for Yala season set to commence on July 15

Paddy procurement for Yala season set to commence on July 15

71 Colombo University students contract dengue; several lectures moved online

71 Colombo University students contract dengue; several lectures moved online

Several opposition MPs criticize govt's handling of Negombo Prison unrest

Several opposition MPs criticize govt's handling of Negombo Prison unrest

Opposition MPs stage black armband protest in parliament over Negombo Prison unrest

Opposition MPs stage black armband protest in parliament over Negombo Prison unrest

Negombo Prison unrest: Remains of fallen officers brought to Welikada Prison for final respects

Negombo Prison unrest: Remains of fallen officers brought to Welikada Prison for final respects

Inflation accelerates to 6.8% in June as unemployment remains at 3.7% in Q1 2026

Inflation accelerates to 6.8% in June as unemployment remains at 3.7% in Q1 2026

Dengue control efforts intensify across the island as more mosquito breeding sites identified

Dengue control efforts intensify across the island as more mosquito breeding sites identified

“Dengue threat will persist for four weeks "Total number of infections in 2026 surpasses 61,000

“Dengue threat will persist for four weeks "Total number of infections in 2026 surpasses 61,000

“Govt. must be held accountable for loss of life ”Independent probe called into Negombo Prison Clash

“Govt. must be held accountable for loss of life ”Independent probe called into Negombo Prison Clash

“Belittling honors bestowed on war heroes unacceptable” - Gammanpila on remarks by AG Dept. official

“Belittling honors bestowed on war heroes unacceptable” - Gammanpila on remarks by AG Dept. official

Death toll in Negombo Prison Clash climbs to 26 Justice Minister accepts responsibility for incident

Death toll in Negombo Prison Clash climbs to 26 Justice Minister accepts responsibility for incident

Negombo Prison Violence: Two dead, 28 hospitalized; Drug kingpin linked to deadly clash?

Negombo Prison Violence: Two dead, 28 hospitalized; Drug kingpin linked to deadly clash?

“Many insults are being hurled at Buddhist monks” Asgiri Chief Prelate calls for unity among clergy

“Many insults are being hurled at Buddhist monks” Asgiri Chief Prelate calls for unity among clergy

Agriculture Minister links excess rice consumption by public to high rate of diabetes in Sri Lanka

Agriculture Minister links excess rice consumption by public to high rate of diabetes in Sri Lanka

Lassana Flora