Colombo shares edged lower, after marginally gaining in early trades, on Friday much to the despair of traders, analysts said. They added that this slip was mainly owing to price losses in large cap stocks. They said that the activity levels remained lackluster in early trading. The All Share Price index dipped 0.20 per cent to stand at 7,094.89 with the S&P SL20 losing 0.49 per cent to stand at 4,048.95 by 11 am. The turnover at that time was Rs. 91.2 million.
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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