Colombo equities gained momentum on Wednesday by noon due to the returned investor confidence, analysts said. They added that a positive outlook over the country’s economy had optimised investor confidence.
The All Share Price Index gained 0.23 per cent to settle at 7,307.31 by 12 noon, whilst the more liquid S&P SL 20 Index saw a 0.23 per cent increase to stand at 4,120.50 at this time on a Rs. 699.5 million turnover 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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