The stock market went up significantly after the initial fall this morning, said Colombo Stock Exchange sources. By day’s end stocks which fell as much as 5.7% in intra-day trade closed up at 1.4 per cent. ASI 6,628.83+94.81. Milanka 7,166.88+47.13 (+0.5%). Turn over Rs. 4.3 billion.
A tense situation has broken out at the Jayawardenapura University after a group of students surrounded an administrative building. The students have reportedly surrounded Vice Chancellor N.L.A. Karunaratna ’ s office building following an announcement that he will not be issuing Mahapola scholarships.
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