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It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
Sri Lanka's last local government elections in 2018 resulted in the Sri Lanka Podujana Peramuna (SLPP) securing a majority with 40% of the vote. [6] [7] [8]Gotabaya Rajapaksa, contesting under the SLPP, subsequently won the 2019 Sri Lankan presidential election, while Mahinda Rajapaksa led the SLPP to victory in the 2020 Sri Lankan parliamentary election.
The main opposition alliance, Sajith Premadasa's Samagi Jana Balawegaya, won 40 seats, a decrease from the 2020 elections. Former president Ranil Wickremesinghe's New Democratic Front secured five seats, while former president Mahinda Rajapaksa's Sri Lanka Podujana Peramuna collapsed from 145 seats in the 2020 election, winning only three seats.
COLOMBO, Sri Lanka (AP) — A political alliance centered on the working class has emerged as a strong contender in Sri Lanka's presidential race, announcing itself to be the agent of change that ...
Parliamentary elections have been held in Sri Lanka since the first in 1947, under three different constitutions: the Soulbury Constitution, the 1972 Constitution, and the currently enforced 1978 Constitution. Sixteen parliamentary elections have been held up to and including the 2020 election. The seventeenth is scheduled for 14 November 2024. [1]
Sri Lanka emerges as first runners-up in the 2020 Online School Debate Championship, losing to Canada 8–1 in the finals. [63] It was the first instance where Sri Lanka made it to the finals in the history of World Schools Debating Championships. Sri Lanka was also awarded the top-performing ESL team for secondary English-speaking countries. [64]
At 157-1 near the halfway stage, Sri Lanka looked poised to reach the 300-mark before the wheels came off their innings and they had to settle for a below-par total.
The proposed date which was initially mentioned as 25 April 2020 was pushed back until 20 June 2020 due to the virus outbreak, and was later postponed further to its final date. Sri Lanka also joined countries such as Poland , South Korea , Singapore , Syria and Serbia to have held the elections in the middle of the COVID-19 pandemic.