Colombo Equities continued the rally for the fifth consecutive day at Wednesday’s start on the back of positive investor sentiment with confidence on the economic policies and measures gradually put forward by Sri Lanka’s new government, analysts said. Like yesterday, Vidullanka continued the uptrend in the daily turnover which at 10 am was Rs. 293 million primarily supported by high net worth investor participation during early trading. Market gains were largely backed by heavyweights such as Ceylon Tobacco Company and John Keells Holdings. Both the benchmark All Share Price Index (ASPI) and S&P SL20 Index moved up 0.28 per cent with ASPI standing at 7,326.53 while the S&P showed 4,083.04 by 10.07 am.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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