Colombo shares ended mixed amidst a lackluster trading session on Tuesday, with analysts saying that this slump is the 11th in a row for the S&P Index. This came amidst the government flashing red lights on another Chinese funded project, the Lotus Tower. The market started the weekly activities with negative results and today the benchmark ASI slightly inclined to 7,057 with an increase of 0.09 per cent while S&P SL 20 index declined by the same amount to end at 4,031.61. In the early trades the core index was in green territory with a marginal gain of 8 points at the beginning of the session but turned direction towards the end. The turnover closed at Rs. 2.4 billion.
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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