Colombo retailers were seen collecting certain midcap stocks at the start on Tuesday, showing a lackadaisical attitude amidst anticipation of a new government by Ranil Wickremesinghe, who was reappointed by President Maithripala Sirisena.
Yesterday’s trend of profit taking will be visible throughout today, brokers noted. Mr. Wickremesinghe’s surprise sacking from the premiership in late October pitched Sri Lanka into an extraordinary constitutional disaster, after which former President Mahinda Rajapaksa was sworn in at a closed-door ceremony. Rajapaksa has since then resigned as prime minister. Traders are awaiting new ministerial appointments and Cabinet formation.
The All Share Index was up by marginally by 0.01 per cent to stand at 6,068.12 points by 10.36 am with S&P down by 0.18 per cent to show 3,136.37 points on a Rs. 97 million turnover. (DEC)
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
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.
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