Colombo bourse was down on Monday's start, continuing from the losses it posted on Friday amidst volatile sentiments on expectations of an interest rate hike and mixed signals on interim financial statements for the last December quarter, analysts said. By 12.07 noon, the core All Share Index was at 7,305.97, down by 0.38 per cent with the S&P SL 20 index declining to 4,091.07 by 0.54 per cent. The market turnover was Rs. 356.7 million at this time.
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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