Colombo equities managed to close marginally higher on Thursday despite the lackluster trading session with analysts saying that the market swung between gains and losses during the day. Daily market turnover was however a dismal Rs. 330 million. The All Share Index slightly advanced by 0.01 per cent to end at 7,046.70 while S&P SL20 index gained 0.14 per cent to close at 4,019.48. Price appreciations in counters such as John Keells Holdings (closed at Rs. 206.70, up by 0.8 per cent), Commercial Bank (closed at Rs. 177.90, up 1.7 per cent) and Lanka Orix Leasing Company (closed at Rs 78.00, up 1.2 per cent) contributed positively 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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