The induction of several members of the opposition SLFP in Sri Lanka’s cabinet paving the way for a national government – however creating more uncertainty -, disturbed the Colombo bourse in early trades on Tuesday. Analysts said they expect no gains will be recorded in the next sessions before closing as traders may opt to stay on sidelines amid the developments in the political and economic fronts. The main share index, All Share was at 7,037.56 with a drop of 0.07 per cent while S&P SL 20 index lost 0.06 per cent to stand at 4,000.26 by 10.10 am. The turnover was thin at Rs. 49 million.
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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