Colombo equities which started weekly operations on a negative note on Monday, bounced back in early trade on Tuesday, with renewed retail interest, analysts said.
Albeit the upward momentum, early trade was on thin market activity with analysts predicting that retailers are likely to hold both indices robust till mid day. The benchmark All Share price index increased marginally by 0.06 per cent to stand at 7,140.70 by 10.15 am while the S&P SL 20 index saw a 0.12 per cent rise to stand at 4,089.72 on Rs. 153.9 million turnover.
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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