An Echelon Media Company
Friday July 12th, 2024

First quarantined persons to be released as COVID19 total rises to 95

Army Chief Lt Gen Shavendra Silva

Sri Lanka’s total number of confirmed COVID19 cases climbed to 95, Monday with ten new cases being found since Sunday evening, officials said.

Director-General Health Services Dr. Anil Jasinghe says that four new patients found last night and among them is a woman from Pakistan whose daughter had already been diagnosed as positive and the father of a tour guide who had been in self-quarantine.

Today another five patients have been discovered. He gave no further details of these patients.

Jasinghe also announced that from Monday the Homagama hospital has been made a specialized hospital to admit patients who are under observation for COVID19.

This hospital also has a facility for quarantine for people whose houses are too small to comfortably self-quarantine.

In the Kalutara area we have found eleven patients and those who live in this area although the curfew has been lifted must make sure that they keep social space, Jasinghe advised.

Sri Lanka will release some 350 people who were first to be quarantined for 14 days in the wake of the COVID19 pandemic on Tuesday the government announced.

Army Chief Shavendra Silva who is heading the government’s Task Force on COVID19 said there are 3,518 people quarantined in 45 centres and out of them 31 have been diagnosed as having the virus.

“These people have not been ill and we have released them from quarantine but we have advised them to maintain safe procedures,” Silva said.

“We saw today that in the areas where the curfew was lifted people were following the guidelines that were given to them to keep personal space and not crowd the supermarkets,” he said.

“We are hopeful that the people of Colombo and the other districts that are having the curfew lifted tomorrow will also behave in the same way.”

In Jaffna and the north, we have been able to identify most of the people who attended the service in the Philadelphia church in Ariyalai conducted by the pastor who is infected. Only one person has been found to have COVID19. We are asking everybody who attended that event to self-quarantine as a precaution, Silva said


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Sri Lanka appoints new Attorney General

ECONOMYNEXT – Sri Lanka’s President Ranil Wickremesinghe has appointed K A Parinda Ranasinghe PC as Attorney General.

He was appointed in terms of Article 61E (b) of the Constitution of Sri Lanka, the president’s media division said.

The new AG received the appointment from President Wickremesinghe at the Presidential Secretariat on Friday.

He fills the post after the retirement of former Attorney General Sanjay Rajaratnam. (Colombo/Jul12/2024)

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Sri Lanka rupee closes stronger at 301.70/302.00 to US dollar

ECONOMYNEXT – Sri Lanka’s rupee closed stronger at 301.70/302.00 to the US dollar on Friday, from 302.80/303.00 to the US dollar on Thursday, dealers said, while bond yields were up.

A bond maturing on 15.12.2026 closed at 10.90/11.00 percent, up from 10.85/95 percent.

A bond maturing on 15.12.2027 closed at 11.75/80 percent, up from 11.80/88 percent.

A bond maturing on 01.05.2028 closed at 11.90/12.00 percent.

A bond maturing on 15.09.2029 closed at 12.10/30 percent, up from 12.15/25 percent. (Colombo/Jul12/2024)

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Sri Lanka stocks close up, muted activity

ECONOMYNEXT – The Colombo Stock Exchange closed up on Friday, data on its site showed.

The broader All Share Index closed up 0.35 percent, or 41.71 points, at 11,843; while the more liquid S&P SL20 Index closed up 0.56 percent, or 19.20 points, at 3,454.

Turnover was low at 653 million.

“The market picked up a bit from yesterday but it’s still below the psychological 12,000 mark,” Softlogic Stockbrokers said.

“Local retail participation drove the market predominantly.”

John Keells Holdings Plc brought in Rs109mn to the turnover, and the share closed flat at 194.50.

Melstacorp Plc contributed in Rs104mn to the turnover, and the share closed flat at 85.00.

Sentiment around the banking counters was mostly negative. Sampath Bank Plc closed down at 77.00, closed flat at 101.25, and Hatton National Bank Plc closed flat at 195.25.

The top contributors to the ASPI were Commercial Bank of Ceylon Plc (up at 103.50), Bukit Darah Plc (up at 397.00), and Hayleys Plc (up at 101.00).

Foreign participation remained low as well. There was a higher net foreign outflow of 101 million.

“Foreign selling was seen on John Keells Holdings, and banking counters; Hatton National Bank Plc (down at 195.00), Pan Asia Banking Corporation Plc (down at 20.70), and Commercial Bank of Ceylon Plc.

There was selective foreing interest on the diversified financials sector, particularly in companies that had vehicle leasing portfolios. “We think this might be due to the news of the vehicle import ban possibly ending.”

LOLC Holdings Plc closed up at 440.50, People’s Leasing and Finance Plc closed up at 12.20.

Softlogic Holdings Plc which announced the date of its rights issue, closed up at 8.50. (Colombo/Jul12/2024)

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