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Industrial stocks drag Sri Lankan shares lower

Sri Lankan shares closed lower on Monday, dragged by industrial stocks. The CSE All-Share index settled 0.28% lower at 20,260.06 points. Hemas Holdings and CIC Holdings were the biggest drag on the index, down 1.31% and 2.22%, respectively. Trading volume on the index fell to 46.6 million shares from 70.1 million shares in the previous session. The equity market’s turnover rose to 1.19 billion…

Industrial stocks drag Sri Lankan shares lower

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Peter Obi challenges World Bank’s growth outlook, says Nigerians remain worse off

Former Anambra State Governor and the presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has said that the World Bank’s assessment of Nigeria’s improving macroeconomic…

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Seven in 10 Kenyans not on track for comfortable retirement, study finds

Seven in 10 Kenyans believe they are not on track to achieve a comfortable retirement, with rising household expenses, irregular incomes and debt repayments undermining their ability to save, a new…

  • Seven out of ten Kenyans lack retirement plans
  • Rising expenses, unstable income hinder savings
  • Financial pressures and limited knowledge cited

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