Colombo shares couldn’t sustain the bullish momentum and saw a heavy sell-off on Thursday, with analysts saying that this was due to index weighted counters dipping. Institutional and high net worth accumulation was seen in Distilleries, John Keells Holdings and Dialog Axiata. The All Share index dropped by 0.38 per cent to end at 7,331.39 while the 20-scrip S&P SL index was down 0.02 per cent to close at 4,115.77.Daily market turnover was Rs 1 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.
Leave Comments