Colombo bourse was up at Monday, opening the week on an optimistic note, with analysts saying that the market managed to erase the many losses suffered after the mini budget and recovering after the cabinet nod to the Colombo Port City project. The All Share index gained by 0.2 per cent to show 7,177.10 while the S&P SL index bagged 0.31 per cent to stand at 3,971.34 by 10 am on a Rs 90.1 million turnover. Price inclines in index heavy counters such as John Keells Holdings and Commercial Bank contributed favourably to the index performance.
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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