Colombo bourse edged higher on Thursday from a 12-day slump. Colombo bourse edged higher on Thursday from a 12-day slump owing to the unexpected drop in T-Bill yields and the political and economic policy uncertainties that were weighing on the market sentiment as investors adopted a wait-and-see approach. “Now they seem to be collecting again,” an analyst said. The main index, All Share was up by 0.09 per cent in early trade to stand at 7,050.20 by 10.15 am while S&P SL 20 index was up by 0.22 per cent to record 4,022.04 by this time with daily market turnover standing at Rs. 41 million by 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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